Political Quotes

“Mr. President, I rise today to introduce legislation in the Senate to help the United States minerals industry resume production of rare earths in this country. These metals are increasingly important to our military, strategic, and economic priorities due to their use in clean energy technologies and many other high-tech applications. For many years the United States was a leader in the mining and processing of rare earths--a group of 17 elements that, while widespread in nature, are difficult to find in concentration, extract from the earth, and process for commercial use. Rare earths are increasingly vital to a host of modern defense technologies, from radar and sonar systems to weapons systems and advanced lasers. They are essential to the production of clean energy technologies, including advanced batteries, electric motors, high-efficiency light bulbs, solar panels, and wind turbines. The U.S. is estimated to contain 15 percent of the world's rare earth reserves, but with the closure of the nation's only operating rare earth mine at Mountain Pass, CA, America has become dependent upon China for imports of nearly all rare earths, oxides, and alloys. In fact, China now produces 97 percent of the world's rare earth supply. More importantly, China recently moved to implement rules announced in March that will cut production and exportation of rare earths in an effort to raise world prices for the minerals.…”