Europe Has Zero Minerals

Into Europe: The world is on the brink of a technological revolution, and at the heart of it are raw materials that cannot be replaced.
Critical Raw Materials are now the focus of a new gold rush in a race for technological and economic supremacy. With industrial policy focused on securing rare earth metals, lithium or Cobalt, China, the USA, and European Union are developing partnerships to access those minerals.
So can Europe secure the minerals it needs for its industry?
Music:
Epidemic Sounds
© All Rights Reserved.
Contact information:
Email: Into.Europe@outlook.com
Twitter: / europeinto
Patreon: / intoeurope
Main resources used:
Europe's Critical Raw Materials: ec.europa.eu/growth/sectors/r...
IEA report on Critical Raw Materials: www.iea.org/reports/the-role-...
IEA Critical Minerals Demand: www.iea.org/news/clean-energy...

Пікірлер: 2 300

  • @IntoEurope
    @IntoEurope Жыл бұрын

    Hi guys, Two map corrections for this video: -Chile is not on the map of copper producing countries (it is the largest copper producing country in the world) -Crimea is twice shown as being part of Russia (it is part of Ukraine)

  • @jimbob-jn6jz

    @jimbob-jn6jz

    Жыл бұрын

    I know you are making a living by making theses videos. But none of it will happen because humans are going extinct! Abrupt Climate Change!

  • @tsugumorihoney2288

    @tsugumorihoney2288

    Жыл бұрын

    Crimea is part of Russia even googlemaps agree with it Also you forget small fact that recycled material is more expensive and less pure that means it is less effective F to Europe

  • @Loren1389

    @Loren1389

    Жыл бұрын

    Is crimea still part of ukraine though?

  • @evl1536

    @evl1536

    Жыл бұрын

    If Crimea is the territory of Ukraine, then try to visit it with a Ukrainian visa or conduct business there according to Ukrainian laws and not pay taxes to Russia.

  • @tsugumorihoney2288

    @tsugumorihoney2288

    Жыл бұрын

    @@evl1536 also you won't be able to pay taxes to Ukraine and use Ukranian banks since they are not working in Crimea

  • @Nurg1982
    @Nurg1982 Жыл бұрын

    Funny how a game called civilization made this abundantly clear throughout the series. When I played it, I came to realize how important resources were and happily invaded the ai to obtain it, never realizing how this happens for real as well. Politics is shaped around the access to resources

  • @mad_zo

    @mad_zo

    Жыл бұрын

    There is only economy

  • @andreius3336

    @andreius3336

    Жыл бұрын

    They liked the game so much they did it in real life

  • @stereo-soulsoundsystem5070

    @stereo-soulsoundsystem5070

    Жыл бұрын

    Funny how you played a game called civilization and didnt realize brutal colonization tactics were how the world came to be...If most people are this aware of things we are beyond doomed

  • @Athanatoi

    @Athanatoi

    Жыл бұрын

    @@stereo-soulsoundsystem5070 I played and I do realize that

  • @ironspaghett

    @ironspaghett

    Жыл бұрын

    @@stereo-soulsoundsystem5070 Most people realize that lol That was always my strategy in the game Abject expansionism, like a slime mold going after little nuggets of nutrients All of the worlds ills and most of the worlds good came from it We've just got to move beyond it and grow into the future together with proper resource management We really need to start asteroid mining operations

  • @spartanparty3894
    @spartanparty3894 Жыл бұрын

    My understanding is that China has 90% of the world's production, not supply. Rare earths are everywhere, they are just incredibly expensive to harvest, and it is usually not cost effective at first. The Chinese state invested heavily in rare earth production to get over the initial cost-revenue deficit, but hypothetically any country could do this. Sparcely populated countries like the US, Australia, Canada, and Russia are well positioned for this, but it is one of those rare economic things that

  • @Shatterfury1871

    @Shatterfury1871

    Жыл бұрын

    There are notable deposits of rare earth minerals in the EU as well, they are NOT in exploitation. As you highlighted there is a difference between expoiting your resources and supplying them, and NOT doing that.

  • @LightSourceTemple

    @LightSourceTemple

    Жыл бұрын

    My understanding was that "rare Earth's" simply means you find like 0.001% of it in a ton of earth. So you have to mine like a million tons to find one brick of it

  • @tankinatorfr

    @tankinatorfr

    Жыл бұрын

    @@LightSourceTemple Not exactly. "Rare eath" is a scientific name, it indeed mean that there is a small percentage of them in most rocks. But what we exploit are highly concentrated deposits, so we don't need to mine that much. The problem is that the geological process that concentrate these elements rarely happen on the continent, so there is only a few deposit, most of them not that rich. But these same phenomenon are common in the oceanic crust. This is why a lot of effort are now directed to developing deep-sea mining technologies (some countries like Japan add the desire of this exploitation having a low environmental impact, much lower than traditionnal continental mines), and why countries fight (at least politically for now) to control these deposit. As an illustration, one of the rare earth deposit located offshore Japan contain enough rare earth to fulfill humanity's need for 400 to 800 years. A country like Japan, or France, possess multiple deposit of such size in its

  • @SpencerHHO

    @SpencerHHO

    11 ай бұрын

    This is mostly true, China does however have higher than average concentrations of these minerals overall which is part but not all of their advantage. Another huge issue is environmental regulation of these mines and processing centers. The US had many of these mines in the past but the extraction process is extremely dirty and expensive to manage if you want to mitigate environmental damage. China has historically had much looser environmental laws which gave their mines a pricing advantage over other producers which lead to their dominance now. Australia does have pretty strict environmental laws (although not always followed) but Australia also has a very high tech and well developed minning industry which has come about due to it's enormous mineral wealth and very high Labor costs which make the investment in efficiency and automation improvements more attractive than in poorer nations. Australia will start producing significant amounts of cobalt and other rare earth's in the near future in addition to already being the biggest producer of lithium aluminium/bauxite, iron ore and LNG as well as being a massive producer of copper, nickel and other metals.

  • @benchoflemons398

    @benchoflemons398

    10 ай бұрын

    Correct.

  • @alexsteven.m6414
    @alexsteven.m641411 ай бұрын

    The potential use of gold by some nations and the reasons why people might choose to invest in gold, such as its historical value, potential as a hedge against inflation, and diversification benefits. However, it emphasizes that investing in gold carries risks and may not be suitable for everyone, and investors should consider their investment objectives, risk tolerance, and financial situation before making any decisions.

  • @fresnaygermain8180

    @fresnaygermain8180

    11 ай бұрын

    I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!

  • @bernisejedeon5888

    @bernisejedeon5888

    11 ай бұрын

    @@fresnaygermain8180 You are right! I’ve diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.

  • @bernisejedeon5888

    @bernisejedeon5888

    11 ай бұрын

    @@user-hz8fm3dg6x Big Credits to “Julia Ann Finnicum” she has a web presence, so you can simply search for, there are some others but it might be difficult to get them, but Julia has been a good guide through the year.

  • @valeriepierre9778

    @valeriepierre9778

    11 ай бұрын

    @@bernisejedeon5888 She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

  • @jnonya7743
    @jnonya7743 Жыл бұрын

    "The European Union only has 6.8% of the world's landmass, so it makes sense that it has fewer raw materials." China has 6.3 and the US 6.1 so who exactly were you comparing too?

  • @Jay_Johnson

    @Jay_Johnson

    Жыл бұрын

    Russia probably

  • @Peichen01

    @Peichen01

    Жыл бұрын

    The number in the video got to be wrong. EU is half the size of China and US and the whole of Europe (including European Russia) is 6.8% so EU couldn’t be 6.8% I hate these low quality educational / documentary on KZread. Most have wonky facts and trying to push an opinion on you than actually educating.

  • @gongsisrael1496

    @gongsisrael1496

    Жыл бұрын

    @@Peichen01 Not true at all, China is 2.2% bigger than the US. The numbers are totally right.

  • @Peichen01

    @Peichen01

    Жыл бұрын

    @@gongsisrael1496 Please check your calculations again. I actually verified the Europe = 6.8% of Earth’s landmass before posting my comment

  • @billpetersen298

    @billpetersen298

    Жыл бұрын

    @@gongsisrael1496 If you included the occupied territories of Tibet, Xinjiang, and Inner Mongolia.

  • @aitor9185
    @aitor9185 Жыл бұрын

    There are also plans to open up Lithium mines in southwestern Spain (Extremadura). The regional government there also fought hard to have the Lithium processed on site, rather than have it shipped elsewhere. Some European incentives could have helped make that happen faster.

  • @thorsteinmortensen4399

    @thorsteinmortensen4399

    Жыл бұрын

    Lithium is likely not as important in the future as it is now. Sodium batteries are advancing rapidly with energy density getting better and better.

  • @Moribus_Artibus

    @Moribus_Artibus

    Жыл бұрын

    Oh but who will labour in these mines?

  • @aitor9185

    @aitor9185

    Жыл бұрын

    @@Moribus_Artibus Locals probably, they have some of the highest unemployment rates in Spain so plenty of candidates will spring up for sure

  • @Moribus_Artibus

    @Moribus_Artibus

    Жыл бұрын

    @@aitor9185 hmmm... sounds expensive. The countries with a big slave population can just mine these minerals and sell them for a cheaper rate.

  • @AleXcsGaming

    @AleXcsGaming

    Жыл бұрын

    @@Moribus_Artibus not if you put up tariffs for foreign products and subsidies yours

  • @dutchrjen
    @dutchrjen Жыл бұрын

    RARE EARTH MINIRALS ARE NOT RARE. They're actually common in the Earth's crust. This is NOT why they're called that. The rare earth minerals are found all over the place. It's simply not economically cheap to produce them in many places (well anywhere actually but some are cheaper) AND it's environmentally devastating. Even in the best ore sources rare earths are quite dispersed in the ore (but many are a lot more common than copper). This is a reflection of the family of chemicals they are on the periodic table. They all form oxides that disperse. China decided to ruin its environment and become the world supplier of rare earths. The rest of the world went: okay, sure. The US was the world's largest supplier of rare earths before China and simply shut down its mines. Europe wants to go green, but they don't want to pay the price. Rare earths are environmentally damaging to mine. It takes digging a huge number of tons of rock and then treating that rock with acids and chemicals to get a tiny amount of rare earths. After this process there's a whole bunch of toxic waste.

  • @johangoris9728

    @johangoris9728

    Жыл бұрын

    It depends on how technology further develops, but if needed Europe will mine as well.

  • @baronvonjo1929

    @baronvonjo1929

    Жыл бұрын

    Pft. So Europe grandstands on their environment policies while also funding other nations to destroy the earth? Hypocrites.

  • @bennymuller3379

    @bennymuller3379

    Жыл бұрын

    Well the problem is Europe is small and densely populated. It's okay if you build some mines in The wast regions of China. If you wanna do the same in Western Europe you probably have to move some villages or towns

  • @jerry9548

    @jerry9548

    Жыл бұрын

    @@bennymuller3379 Germany destroyed a few villages to mine something as trivial as brown coal. So there should be no problem with that. The lobby is just really weak because most companies didn't really care about human rights or geopolitics until recently which is why suddenly there are resources found all over Europe.

  • @Jay_Johnson

    @Jay_Johnson

    Жыл бұрын

    @@bennymuller3379 Europe is far less densely populated than china.

  • @alexanderguesthistorical7842
    @alexanderguesthistorical7842 Жыл бұрын

    Interestingly, mining as an industry died in the 1980's and 1990's in the UK. But there WERE mines in Britain for lots of different elements and compounds. In fact I believe gypsum is one of the few raw materials still mined here. Copper and tin were famously mined in Cornwall right from the earliest days. And to my knowledge mining only stopped here because it became "uneconomic", with mines across the globe opening up where there were cheaper labour costs, government subsidised minerals etc. So may be, with all the rare earth metal needs, and even the need for copper, mining for elements will return to the UK???

  • @ipunchsquirrels

    @ipunchsquirrels

    Жыл бұрын

    Hopefully. I was thinking the same with the Welsh coal

  • @thetimelapseguy8

    @thetimelapseguy8

    Жыл бұрын

    My city of Swansea grew by exporting and processing the copper from Cornwall

  • @teklife

    @teklife

    Жыл бұрын

    not likely, it will still remain cheaper in other places outside of the uk

  • @loukasfrantzolas6494

    @loukasfrantzolas6494

    Жыл бұрын

    The thing about mining is, even if you can mine something it might be way cheaper to mine somewhere else, not because of labour costs or subsidies but just because you don't need to mine as deep, or because the vain had a higher concentration of the mineral you are looking for

  • @noahof-stuff9151

    @noahof-stuff9151

    Жыл бұрын

    You can mine anywhere. Getting it to market at a cost effective price is the catch.

  • @reviewer_random
    @reviewer_random Жыл бұрын

    china : start monopolizing minerals eu : you cant do that, that is always our thing to do

  • @fra604
    @fra604 Жыл бұрын

    I honestly just wanted to point out the map you used, there's a great attention to details. Even French Guyana is shown as part of the EU

  • @goatruthless616

    @goatruthless616

    Жыл бұрын

    French New caledonia too

  • @michaelsalem2736

    @michaelsalem2736

    Жыл бұрын

    Yeah, that is cool, but while talking about the rare earth metals (Lithium specifically), you excluded the whole middle and eastern Europe. Some of those countries (Czechia, Slovakia and even Poland) have proven deposits of rare earth metals in amounts useful to satisfy consumption for a few years maybe even decades. So long way to go...

  • @MrBiiila

    @MrBiiila

    Жыл бұрын

    @@michaelsalem2736 Rare earths are everywhere! The key question is the density and environmental regulations since refinering is highly pollutional. And the time factor. Building such an investment takes years. Why dodn't we step earlier? They were not competetive against Chinese production. There were attempts in the US but failed.

  • @jorsm.3893

    @jorsm.3893

    Жыл бұрын

    ​@@MrBiiila Yeah, we have believed a bit too much in the great liberal story and in the free market I think. Saying that our governments should own/control nothing and that we should focus on being able to compete with country X/Y in the private sector while country X/Y is producing materials and products by exposing people to near slave-like conditions.

  • @Matruchus

    @Matruchus

    Жыл бұрын

    @@michaelsalem2736 Recently there has been discovered that in Turkey there is the second biggest rare materials deposit after the one in China. So the rare minerals wont be a problem in the future for Europe.

  • @warcrimeenjoyer219
    @warcrimeenjoyer219 Жыл бұрын

    Not a European but here in America we used to produce rare earth elements but the massive problem is the environment disaster that goes along with production

  • @vinniechan

    @vinniechan

    Жыл бұрын

    The only reason China took over was that their regulations are lax so they can pump the processed rare earth into the market at cheap

  • @maxradke4514

    @maxradke4514

    Жыл бұрын

    Yes, we need to be wary of the strain we put on the environment. Well said war crime enjoyer!

  • @uuuuNB

    @uuuuNB

    Жыл бұрын

    Exactly. Sure China seems like such a powerful nation, but when you realize that by far the majority of their drinking water is polluted, and there is no birds in the sky in the big cities, a constant disgusting unhealthy smog fills the air and your lungs, you see just how deeply incompetent and corrupt the CCP are and that in the end they are not winning at all. They are the only nation on planet earth who has fucking changed their water quality standards - that is they invented a whole new worse category to make it look better (but still shit) on paper. It just doesn't change the fact that they are still slowly making their own nation uninhabitable by disgusting practices such as using all their groundwater (and replace it with polluted water which then further contaminates even deeper levels of groundwater), and their system is way too corrupt to fix the issues now. It is truly sad, and what makes it worse is that their fucked up practices are polluting and destroying the ecology in the surrounding neighboring nations where the big rivers flow through (or what's left of them after all the disastrous megaconstructions such as dams in really awful places). The CCP is a parasite of humanity.

  • @rajeshupadhyay5683

    @rajeshupadhyay5683

    Жыл бұрын

    Well said! I am also here to learn how to invest after listening to a lady on tv talk about the importance of investing and how she made 7 figure in 3 month, somehow the video taught me nothing and left me even more confused, I'm a newbie and I'm open to ideas on how to invest for retirement

  • @lezliewhicker8450

    @lezliewhicker8450

    Жыл бұрын

    @@rajeshupadhyay5683lookup Teresa Jensen White, this is her name online, she's now the real investment prodigy since the crash and have help me recovered my loses

  • @jerry9548
    @jerry9548 Жыл бұрын

    6:36 Germany has also quite a lot of Lithium in the Oberrheingraben which could (in theory) be "mined" extremely efficiently and carbon neutral or even negative. Europe has a lot of material but the cheap prices for those materials from China make them uneconomic to mine.

  • @hnorrstrom

    @hnorrstrom

    Жыл бұрын

    Sweden is loaded with minerals, but mining them are very bad for the local environment so we simply just let third world country destroy themselves instead of mining it controlled here. That is evil.

  • @herbertboelk7545

    @herbertboelk7545

    Жыл бұрын

    Lithium from deep hot hydrothermal brines, also a source for energy. Waiting for definitive faisability study as the process is generating micro earthquakes, like fraking, unfortunately.

  • @hnorrstrom

    @hnorrstrom

    Жыл бұрын

    @@herbertboelk7545 Interesting. Well something for the future maybe.

  • @jerry9548

    @jerry9548

    Жыл бұрын

    @@herbertboelk7545 Recent Data by Vulcan Energy Resources looked really promising in terms of purity and from the economic perspective. Let's hope that we will see results fast. As we have seen with the LNG terminals, stuff can be done extremely quickly if the German government just realizes it's importance. Maybe the same thing happens here as well, although that's unlikely but one can hope.

  • @idlecom

    @idlecom

    Жыл бұрын

    how would carbon negative mining even work? Only by compensation, or am I missing something?

  • @jimgraham6722
    @jimgraham6722 Жыл бұрын

    The most important are iron (for steel), alumina (for aluminium), silica (for silicon) and carbon. Fortunately these are widely available. Rare earths and many other more exotic materials are replaceable, albeit sometimes at a cost.

  • @SeriousTopics

    @SeriousTopics

    Жыл бұрын

    Europe is moving ahead with technical innovations needed for a green future but needs to move faster on financing to jump-start mining and processing of materials.

  • @TobeornottooB

    @TobeornottooB

    Жыл бұрын

    Exactly, replaceable, and, that is why patents should not exist.

  • @joaquimbarbosa896

    @joaquimbarbosa896

    Жыл бұрын

    @@SeriousTopics I personally like CHPM technology

  • @HermanWillems

    @HermanWillems

    Жыл бұрын

    You are correct. Tesla is making a Copperless, and rare earthless motor for their next gen cars. How? Well they use aluminum instead of copper and no magnets just reluctance motor with aluminum hairpin stator.

  • @ilovemokona2
    @ilovemokona2 Жыл бұрын

    Several point of interest: 1. China account for 95% of the world Rare Earth supply was based on a study back in 1980s which several things has drastically changed, in 2000s, the official reserve number is 528 million tons, while in 2009 that number decreased to 185 million tons 2. Additional survey on previous uncharted area such as the EEZ of Japan has proven there are abundant rare earth supply, as the demand and price increase, we should expect to see more and more previously unknown mining area within horizon. 3. The word 'reserve deposit' is a somewhat tricky terms, within EU border, there are in fact quite some large scale LREEs deposit, in Northern Spain and Poland and North sea as well as EEZ of Portugal but due to environmental regulation or government policy, mining in those area are either economic non viable or forbidden and therefore excluded in the data 4. Rare earth indeed provide China a leverage, but so far not a very effective one, the 2015 TWO rule out in EU, Japan favor against China limitation on element export, and lets not forget China rely 100% on ASML EUV lithography systems that is why the the embargo on China in 2019 nearly bankrupt the tech giants. 5. the Belt and road initiative has engulfed China own fiscal strength as well, their intention is to expand influence indeed but there is a reason why World Bank of the West did not invest in those developing countries either the ability to repay the investment or simply geopolitical stability, take Congo as an example, they recently revoke the copper mining right of a Chinese firm after the Chinese promise of funding on local hospital has not meet the schedule.

  • @alejandroojeda1572

    @alejandroojeda1572

    Жыл бұрын

    The researcher IS probably sleeping on the potential of Iberia. The peninsula has a very diverse geology and It's anything but mineral poor. Once demand spikes we could see many mines opening in this region.

  • @waschington2357

    @waschington2357

    Жыл бұрын

    @Li Tama Ton of Thanks

  • @MVargic

    @MVargic

    Жыл бұрын

    Vietnam and Brazil sit on a massive pile of rare earths, but it is still completely untouched. It is a golden opportunity and it is unbelievable that it still isnt mined on a massive scale.

  • @MVargic

    @MVargic

    Жыл бұрын

    ​@Lycanthrope China relies on ASML EUV lithography systems for its export electronics industry, but they all operate abroad, especially in Taiwan, US and Europe, and their supply can be easily shut down. It is essentially impossible for China to ever develop a competitive replacement for western ICs for any except purely domestic purpose.

  • @MVargic

    @MVargic

    Жыл бұрын

    ​@Lycanthrope Yes, you misunderstood. Chinese semiconductor companies are still far more primitive compared to cutting edge EUV processes used in dominant global IC manufacturers. And both domestic and export top-tier electronics assemblers in China use imported current generation EU, Taiwanese and US ICs - thats what I meant by dependency, "China relies on (abroad) ASML EUV lithography systems" that all operate outside of China , in Taiwan, US and Europe and their products are exported to China. Chinese domestically made ICs are still stuck at DUV stage, and modern Intel-tier EUV process is probably at least a decade from Chinese domestic manufacture capabilities. Intel is already developing fabs for 3nm and 2nm IC production, it would be the greatest achievement in Chinese history if they matched it.

  • @colevano
    @colevano Жыл бұрын

    Corporations in US & Europe , 1980s : omg let's build all our shit in China so that it's super cheap US & Europe, thirty years later: omg now all our shit is made in China *surprised pikachu face*

  • @Jackson-nr2mw

    @Jackson-nr2mw

    Жыл бұрын

    90% of videos about China can just b summoned by this comment

  • @stephenjenkins7971

    @stephenjenkins7971

    Жыл бұрын

    That isn't an issue per say; US and EU generally hoped that China would liberalize with free trade -but that didn't work. If it did work, you'd call people braindead for encouraging conflict.

  • @thePronto

    @thePronto

    Жыл бұрын

    The alternative is that China would still be a poor agricultural country prone to famines. Ditto all the other low wage economies. Industrialization based on low wages is not a stroke of genius by the country in question or an evil plot by the rich world, its a mixture of common sense and economics. Europe and the US were in that position 200 years ago...

  • @TylerSolvestri

    @TylerSolvestri

    Жыл бұрын

    This is like putting 40 elephants on a wood roof and expect it not to fall, Western Politicians live on their own span, they will destroy the system since they are already close to death to feel the consequences of their actions.

  • @randyyansaud1797
    @randyyansaud1797 Жыл бұрын

    in theory, recycling would and should be one of the many things to do in europe, but in practice, it may not be that easy, especially when it comes to recycling anything seemingly hitech, where components would use very specific metal alloys in varying quantities, which may make them difficult if not impossible to separate and reuse, as opposed to just melting some copper wires or steel bars.

  • @nomennescio4604
    @nomennescio4604 Жыл бұрын

    Yes, well the info the makers of this video work with are where things like rare earth minerals are currently mined, not necessarily where they are located. There are decent amounts of things critical rare earth minerals in Europe. They aren't being mined however, and given the environmental impact it's not particularly politically popular in those parts of Europe where they are located.

  • @cyrilio
    @cyrilio Жыл бұрын

    Isn’t Chile a copper producing country? I know they have massive copper mines

  • @christianurrutiaelli

    @christianurrutiaelli

    Жыл бұрын

    Yeah seems like someone forgot to put the number one producer in the world

  • @Emanuele246gi

    @Emanuele246gi

    Жыл бұрын

    @@christianurrutiaelli he noticed it and he wrote it in the pinned comment

  • @drmodestoesq

    @drmodestoesq

    Жыл бұрын

    And Mongolia's Oyu Tolgoi mine is exploiting one of the largest deposits on the planet. And Mongolia was absent as well.

  • @richardcowley4087

    @richardcowley4087

    Жыл бұрын

    not part of europe

  • @moritamikamikara3879

    @moritamikamikara3879

    Жыл бұрын

    @@drmodestoesq I can't imagine the Mongols are too happy about that...

  • @bambino8505
    @bambino8505 Жыл бұрын

    Europe and countries in the west, followed by Russia actually have the largest reserves of raw materials, minerals and rare earth metals than anywhere on the planet but they have refused to mine them so far because it’s a very dirty and environmentally disastrous business (except for South America and Australia), but Europe should focus on mining them if absolutely necessary and they should also focus on mining near earth asteroids which have more resources than the earth could ever have, pretty sure Greenland alone has the potential to be among the top 5 mineral rich country in the world.

  • @peterwarner553

    @peterwarner553

    Жыл бұрын

    Mining isn't the problem, which is why Australia mines it and sends it off to China for the toxic refining process

  • @mysterioanonymous3206

    @mysterioanonymous3206

    Жыл бұрын

    Same with Microchips... not that we can't, we just never wanted those dirty, highly toxic processes on our shores. That'll have to be reconsidered now.

  • @redtigergaming1467

    @redtigergaming1467

    Жыл бұрын

    Is it really that dirty if you invest many euros on the project's efficency and do things like slow?

  • @redtigergaming1467

    @redtigergaming1467

    Жыл бұрын

    Is it really that dirty if you invest many euros on the project's efficency and do things like slow?

  • @redtigergaming1467

    @redtigergaming1467

    Жыл бұрын

    Is it really that dirty if you invest many euros on the project's efficency and do things like slow?

  • @baronvonjo1929
    @baronvonjo1929 Жыл бұрын

    Europe needs to grow a pair and start their own mining instead of grandstanding about their environmental policies while still funding other countries who mine it to sell to them.

  • @SA2004YG

    @SA2004YG

    Жыл бұрын

    That's actually smarter. When there's less minerals to go around and prices rise in the future Europe will still have domestic supply

  • @anteep4900

    @anteep4900

    Жыл бұрын

    Yeah they should go back to Africa and start mining. The locals won't know what's going on, even better you can probably employ them to do some of the menial work like fetching a coffee

  • @baronvonjo1929

    @baronvonjo1929

    Жыл бұрын

    @@SA2004YG My problem is the grand standing and acting like they do so well for the environment while funding its destruction elsewhere. And I have my doubts they will ever use it unless they are backed into a corner cause it's so dirty. And even when they do it looks like they don't have much of a industry to support it. If they do it will be very unpopular and expensive. Guess we will just have to see.

  • @donpablo5056

    @donpablo5056

    Жыл бұрын

    @@anteep4900 that's the case and Always be... Kick them out like the rest of the world did sooner or later...

  • @anteep4900

    @anteep4900

    Жыл бұрын

    @@donpablo5056 wtf? Kick the Africans outta their own continent? Nah they can be used as free labor

  • @frankdecron1306
    @frankdecron1306 Жыл бұрын

    Mining use to be more common in the west but has been outsourced to other countries due to the pollution is causes and increased safety means increased cost. There was a rare earth mineral mining facility in Nevada that was shut down. Rare earth minerals are not that rare, just difficult to obtain and very expensive if you care about things like pollution/the enviroment, workers rights, and not cutting corners (which China doesn’t care about those things.)

  • @Draxis32
    @Draxis32 Жыл бұрын

    "Copper Producing Countries" Not a single mention of Chile, who has been sitting in a pile of copper for the past 60 years.

  • @lecturesfromleeds614
    @lecturesfromleeds614 Жыл бұрын

    Couldn't one also argue that Because Europe has been so reliant on imports it hasn't spent as much money on locating domestic deposits? There's a large amount of lithium that was discovered in Cornwall (Southern England), surely other countries in Europe will begin to find large deposits now that EV are being prioritized?

  • @Lazarosaliths
    @Lazarosaliths Жыл бұрын

    Its amazing that you made this video without ever mentioning the giant Russia!

  • @theresaadams7143

    @theresaadams7143

    Жыл бұрын

    Russia is always ignored and disrespected by the collective West. This is always a grave mistake. The Russians are smarter than they appear.

  • @overlord4404

    @overlord4404

    Жыл бұрын

    Its not a good time now to mention a nation that controls pretty much a third of the worlds resources.

  • @jome8059

    @jome8059

    Жыл бұрын

    Because Russia does not make part of this world anymore.

  • @jorsm.3893
    @jorsm.3893 Жыл бұрын

    I really hope to see that Europe can become a leader when it comes to recycling those materials. You mention export controls by China, I hope we will have even stricter export controls ourselves since we need to be so much more careful with the raw materials we do have and with our scrap. I think in the past we have often shipped electronic waste to other non-EU countries, I would hope that this will not occur anymore. I think a first step should be to create giant storage facilities/piles for old electronics if we don't already have them, so that we can store old solar panels/e-waste for 20 years if we have to until recycling catches up. If we are really serious about recycling rare earths it should be prohibited to export certain types of electronic waste.

  • @bobleclair5665

    @bobleclair5665

    Жыл бұрын

    before the DC yard light sensors came on the market, I was getting the 12volt magnetic switches from under the hood of a car at a junkyard and wriggling it up to my harbor freight solar panel , my mast light came on and turned off by the sun, long live the junkyard , the metals coming from China are garbage

  • @jorsm.3893

    @jorsm.3893

    Жыл бұрын

    ​@Superion 88 Probably dismantling a part of it soon.

  • @bgdabg6769

    @bgdabg6769

    Жыл бұрын

    European good times are past. No unity, no leadership, no power anymore. I see only problems, weakness, poverty, production reduce and for sure rest of the world will cooperate less. That will show how European grow was lie. You can feel for years that you can buy less with your money. Possible few more wars inside like Greek-Turks

  • @nicp7826

    @nicp7826

    Жыл бұрын

    WEF wants total control so no go.

  • @secrets.295

    @secrets.295

    11 ай бұрын

    No. The whole world should stop exporting to the dictatorial European Union countries. They are making stoopid unbelievable requirements to import sooo many types of different commodities these days. If Europe wants to be a bully. The world should unite & boycott all exports to the EU. Lets see how long the lazy Europeans can survive when they no longer have somebody else to do their dirty jobs.

  • @lotgc
    @lotgc Жыл бұрын

    I just came here to say *NOT ENOUGH MINERALS* *NOT ENOUGH MINERALS* *NOT ENOUGH MINERALS* *NOT ENOUGH MINERALS* *NOT ENOUGH MINERALS* *YOU MUST CONSTRUCT ADDITIONAL PYLONS* *NOT ENOUGH MINERALS* *NOT ENOUGH MINERALS* *NOT ENOUGH MINERALS* *YOU REQUIRE MORE VESPENE GAS*

  • @ypsawbones3646

    @ypsawbones3646

    Жыл бұрын

    lol good one

  • @artfx9
    @artfx9 Жыл бұрын

    We don't need your fancy minerals. We got mineralwater!

  • @zollen123
    @zollen123 Жыл бұрын

    Improvement of recycling only works if the initial product design incorporated the recyclability, and the downstream recycling industry has the capability to process these products. All these would have added to the cost and complexity, while China product design and supply chains may not even care much about this aspect of recyclability so that can offer cheaper products.

  • @ataarono
    @ataarono Жыл бұрын

    Basically you can mine every resource anywhere on earth but there are significant differences in ore richness so mining a poor source would be possible but much more expensive and thus not competetive on the global economy

  • @chakkritchroenlai
    @chakkritchroenlai Жыл бұрын

    Thanks for putting sources in the description, so we can have a look on those datas too Just discovered your channel, the fact that you put source is an extra point Keep on going

  • @Minato1337
    @Minato1337 Жыл бұрын

    Didn’t Sweden just discover the biggest rare earth mineral deposit in Europe, that could satisfy up to 30% of Europe’s demand?

  • @baronbrummbar8691

    @baronbrummbar8691

    Жыл бұрын

    it would have 0 copetitivness to the chinese sources same goes for the massive german deposits

  • @eddyram4932
    @eddyram4932 Жыл бұрын

    It should be noted that the race to “clean” energy is fueled by oil😂 and the demand for oil will not decrease in future years even if all cars were to be made electric. Oil is used for more than just energy, things like plastics and other petrochemicals. Also those batteries for those “clean” cars aren’t recyclable.

  • @usecriticalthinking243

    @usecriticalthinking243

    Жыл бұрын

    also oil will still be running the engines of heavy machines.

  • @baronbrummbar8691

    @baronbrummbar8691

    Жыл бұрын

    i mean they are Recyclable ..... it is just so exspensive it will not happen anytime soon

  • @OzoneTheLynx
    @OzoneTheLynx Жыл бұрын

    2:55 both "natural rubber" and "natural rubber"?😉 Love your videos. Great information on some really important topics.

  • @IntoEurope

    @IntoEurope

    Жыл бұрын

    Thank you, and oups 😅

  • @dswynne
    @dswynne Жыл бұрын

    The only solution is to massively scale up material sciences, to the point where you could turn "trash" into a new, viable product.

  • @betgamble8906
    @betgamble8906 Жыл бұрын

    Worlds biggest iron ore mine in Sweden just made a MASSIVE rem find!

  • @Xydroos
    @Xydroos Жыл бұрын

    Took fast look to Finnish survey data and sure there are some minerals. Not sure how much it counts on world scale.. Iron, Chromium trioxide, Sulphur, Copper, Nickel, Zinc, Cobalt, Lithium dioxide, Lead, Silver, Gold, Platinum, Palladium (from largest to smallest)

  • @janhanchenmichelsen2627
    @janhanchenmichelsen2627 Жыл бұрын

    Europe is more than EU. In addition to various non-metallic minerals, oil and gas, Norway, a very close partner to the EU and geographically a medium sized European nation, can supply vast amounts of iron, titanium, vanadium, copper, scandium and manganese, both from on-shore mines and planned off-shore nodule gathering. Also, a lot of thorium (maybe an energy source in the future), and some silver, gold and various trace minerals. Cost of extraction is of course higher than in China et al., and we do care about environmental issues, unlike the Chinese. But these problems can be solved.

  • @lupus7194

    @lupus7194

    Жыл бұрын

    Can you provide evidence of China having weak environmental standards for mining. I ask because I was chief engineer investigating nickel refining in China on behalf of an Australian mining company considering export of nickel concentrates. We didn't find weak environmental standards for the nickel refining industry but I don't know about others.

  • @carlruffier3092

    @carlruffier3092

    Жыл бұрын

    Yeah good luck with that since Europe is about to go bankrupt for lack of gas and China and Russia are best buddies now way to go Europe.

  • @fruz1378

    @fruz1378

    Жыл бұрын

    "mining" and "care about environmental issues" don't fit in the same sentence currently, at all.

  • @lupus7194

    @lupus7194

    Жыл бұрын

    @@fruz1378 Bit of virtue signaling there Fruz ? I guess then that you don't use any mining products like iron, copper, aluminum, nickel etc.

  • @fruz1378

    @fruz1378

    Жыл бұрын

    @@lupus7194 This has nothing to do with virtue signaling, mining is a very energy consuming process and because of people wanting profit profit profit and profit they don't deal with polution properly and release tons (literally) of harmful chemicals into the nature. My lifestyle here is absolutely inconsequential regarding what I said.

  • @SirZanZa
    @SirZanZa Жыл бұрын

    says Europe, repeatedly shows maps of the EU.

  • @bengadot
    @bengadot Жыл бұрын

    “Europe has no minerals” Spain, Sweden, Denmark (Greenland), Estonia: lol are we joke for you?

  • @outman1923

    @outman1923

    10 ай бұрын

    You are not Europe. Only the Anglo-Saxons and Germans are Europe. You are basically just Turks or Tatars and Slavs.

  • @noodlechicken4169
    @noodlechicken4169 Жыл бұрын

    China is just a civ that got really lucky with their early settlement because late game they got all the modern strategic resources

  • @drowned309
    @drowned309 Жыл бұрын

    With Europe facing the consequences of relying on foreign sources for its power, specifically Russia, and them now facing a very cold winter, I can't help but wonder if in the process of trying to save the planet, we've neglected to save the people living on it.

  • @anon8206

    @anon8206

    Жыл бұрын

    All part of the plan, mate

  • @anon8206

    @anon8206

    Жыл бұрын

    @@Isaac-Otieno Seek and you shall find. :)

  • @Bananaman-jm4xl

    @Bananaman-jm4xl

    Жыл бұрын

    Getting rid of plebs is part of how they want to save the world. Or are they using saving the world as an excuse to get rid of plebs?

  • @jasonxu7574
    @jasonxu7574 Жыл бұрын

    The extracting process of the rare earth element(including lithium) is one of the most polluting chemical processes to local environments, if not the most. Varies of highly concentrated highly toxic acids used in the process guarantee a minor amount of them will pollute the nearby rivers/underground waters. Most of the rare earth elements (REE) are heavy metals which can be bio-accumulated in the local area. Most of these toxic acids and REE have no safe amount, and anything above zero is damaging. In China, the cancer rate (when adjusted for age) is highest in areas when REE is mined and extracted, even significantly surpassing areas with open pit coal mines or areas with large petrochemical plants and steel-making plants. All of the above areas are governed by the same standard and environment agency. You can set a "limit" for these pollutants and control the decrease in life expectancy to an acceptable level. Life expectancy can be compensated by increasing the standard of living and health care from the money that REE brings in. These "limits" will make REE costs significantly higher than in China. From my engineering capstone project completed in 2019, it will be around 30-50% above the 2019 price with Canadian or EU standards. REE is quite abundant around the world, even Japan has a large deposit. I remember reading somewhere that Europe has a large deposit of REE are Spain and Poland. There are obviously national security reasons not to rely on China to supply close to 100% of REE. But also, I don't think anyone would want REE mining and extraction near them. Unless they are poor and desperate to the point that they don't get basic, adequate health care by western standards.

  • @Buorgenhaeren

    @Buorgenhaeren

    Жыл бұрын

    Sounds perfect for spain and poland then

  • @VladislavSadykov

    @VladislavSadykov

    Жыл бұрын

    With the inflation so high, people in EU soon will be poor and happy to work in a mine.

  • @IntoEurope

    @IntoEurope

    Жыл бұрын

    Thank you for the additional insight. It would have been a nice thing to add to the video to explain why there are currently no mining operations there, healthcare and environmental concerns being the main reasons. But hey that's always the feeling you get when completing a video. From what I saw the main projects are in Scandanaica, likely for the very reason you mentioned since they would be in low-populated areas. Cheers, Hugo

  • @mzarkovic90

    @mzarkovic90

    Жыл бұрын

    Thats why we dont want a mine in Serbia.

  • @joejoe7588

    @joejoe7588

    Жыл бұрын

    Could you point out the source for the high cancer rate claim?

  • @lupus7194
    @lupus7194 Жыл бұрын

    As everyone who looks into this matter knows, rare earths are not rare. They are difficult and expensive to extract and process and as a result, expensive. For example, the mined ore often contains radioactive material which must then be disposed of. Europe and the US don't want these problems so they outsource to China.

  • @fedethefico
    @fedethefico Жыл бұрын

    Great content as always!

  • @Alphamaan
    @Alphamaan Жыл бұрын

    I’ve heard the EU has enough Critical raw materials, but due to investment and ecological regions they don’t want to develop mining.

  • @paulheydarian1281

    @paulheydarian1281

    Жыл бұрын

    That's what they say, but in reality they just want the developing countries to do the dirty hard work form them.

  • @luxraider5384

    @luxraider5384

    Жыл бұрын

    Don t forget that europeans has been exploiting their mines since the 19th century.

  • @Wandallz
    @Wandallz Жыл бұрын

    Just a quick mention, Europe have big pile of rare earths waiting in Greenland. As long as they dont wish for independence mining in the arctic is abundant. Even China tried to buy it acces into the Greenland

  • @peterfmodel
    @peterfmodel Жыл бұрын

    Many projections made today are based on looking in the rear vision mirror, which is expected, but often provides us with the wrong answer if we project out too far. If a commodity becomes scares its price goes up and new supply sources become viable.

  • @HeritageStacking
    @HeritageStacking Жыл бұрын

    Interesting not a single mention of Silver. It's used in every electronic device. Solar panels use a lot of it. The EU might just want to add that to the list.

  • @daveice20

    @daveice20

    Жыл бұрын

    bro, there's so much silver in the world that jewelers and pawnshops refuse to buy silver, no matter the amount lol you're going to be really disappointed when SHTF and you find out no one wants to trade food for your collection of worthless coins

  • @thing.1263

    @thing.1263

    Жыл бұрын

    Before silver there's a whole list of unknown ressources and element to most of people i mean whotf knows manganese Or gallium ?

  • @HeritageStacking

    @HeritageStacking

    Жыл бұрын

    @@daveice20 really show me where this huge supply is. Last I check we are running a mining deficit in Silver.

  • @theamici
    @theamici Жыл бұрын

    Europe should double down on recycling, and we should cooperate with developing countries, like in Africa and Asia, on RnD. Several governments in Africa and Asia are environmentally inclined. Some of them already have a sad history of importing waste that's just piling up, so there's certainly a political incentive to build transnational RnD cooperatives and join projects together. While access to surplus labor will help with the variety of solutions that'll be required to make more general success in the area of recycling tech.

  • @Alistar608

    @Alistar608

    Жыл бұрын

    no, we should build greatest army in the world and just conquer like we did before

  • @Alistar608

    @Alistar608

    Жыл бұрын

    or space mining whichever you think would cost less

  • @letunityblossom5733

    @letunityblossom5733

    Жыл бұрын

    @@Alistar608 Yes EU needs strong army.

  • @komododragon6061

    @komododragon6061

    Жыл бұрын

    @@Alistar608 That is exactly what should not happen

  • @dave_sic1365

    @dave_sic1365

    Жыл бұрын

    @@komododragon6061 why? Look at all the benefits our conquered colonies would get as being part of the EU + our invasions will be socioöconomically certified and environment friendly.

  • @nicolasguiresse6435
    @nicolasguiresse6435 Жыл бұрын

    How do you list the copper producing countries in 2:25 and miss Chile, the biggest producer of them all?

  • @ayushaish1478
    @ayushaish1478 Жыл бұрын

    China was the centre of the world civilization historically and now it feels the dragon is waking up again from its slumber.

  • @blijebij
    @blijebij Жыл бұрын

    Not true, Portugal has big lithium deposits and Sweden has precious metals, that could be mined. The future of energy is very likely nucleair for most, not green energy.

  • @jeanlallemand8286
    @jeanlallemand8286 Жыл бұрын

    Thank you so much for such quality videos 🔥🇪🇺 Congrats from France 🇫🇷🇪🇺

  • @IntoEurope

    @IntoEurope

    Жыл бұрын

    Merci! :)

  • @DogsandIndiansnotallowed-cs2mt

    @DogsandIndiansnotallowed-cs2mt

    Жыл бұрын

    Quick to surrender

  • @madisonatteberry9720
    @madisonatteberry9720 Жыл бұрын

    Adam Smith, in his works 'The Wealth of Nations' actually predicted that 200 to 250 after his time, there would be new sources of gold found. There is more to it, but I want to keep this short. Anyways, in my opinion, that was the most accurate prediction ever made, beating out Nostradamus. However, a lot has actually been found in the asteroid belt, along with all the other minerals, like copper and titanium, so if we want to gain access this, then we'll need to start sending robots to mine the belt, one good thing seems to be that the gold found in, for whatever, on the surface. Being soft, and on the surface, the gold can be easily mined, as well there seems to be *A LOT* of not just gold, and even silver, enough silver to rewire, at least, the U.S. electric grid for a better energy flow. However, be warned, as he also mentioned one component of the downfall of the Spanish Empire, when they.....uh.....he said 'found' which was true, the Spaniards did 'find' gold in the New world, as it was, you know, sort of being already minded by somebody else- (nervous cough) Anyways, when the gold came back to the old world, the Spaniards started to spend that gold, which was the problem, there was far too much, and far too few hands, eventually devaluing the metal. If we mine that gold, we technically don't need it to reach Earth, as we will know it exist, and can get an exact amount in the first phases, down to the smallest gram of gold, which on such a scale has never been down before, while working on ways to send it back to Earth, devaluing the gold. I can see how countries like China could exploit this, weakening other nations gold and silver based economies. The point being is, that though Europe may have no minerals, space dose, and in the belt is easy pickings, I can see how this could lead to very real wars.

  • @Debbiebabe69

    @Debbiebabe69

    Жыл бұрын

    Space is no easy pickings. Mining asteroids/moons/etc. is, as you say, relatively easy. *Refining* the ore however is NOT - the plant needed to crush and smelt gold ore into viable gold weighs tens of thousands if not hundreds of thousands of tons - and then you have the chemical side which not only will add more thousands of tons, also requires a regular supply of various chemicals. That means you would have to transport all the ore down to Earth and refine it there - gold ore typically gives one Gramme of gold per ton of ore, and one Gramme of gold in USD is worth around $65. So basically $65 for every ton of rock you bring back. You would need a rocket capable of carrying 50,000 TONS of gold ore back to Earth just to get a nominal three million dollars worth of gold, which probably wouldnt even pay for the rocket launch.... remember Elon Musks massive 'Starship' only has a 150 ton capacity.....

  • @jf7243
    @jf7243 Жыл бұрын

    Yes indeed, the key point you mentioned comes at 4.00, to paraphrase; the key to this is the critical political will to mine and develop these minerals. I live Downunder, where the political will to develop anything under the ground is lacking. We have some of these, but not the will, yet.

  • @scottlu2762
    @scottlu2762 Жыл бұрын

    Most people got it wrong. It’s not who has rare earth in their ground, it’s about who can refine them to the purity level that you can use for certain products. For that,China has the technology and patents that other countries doesn’t

  • @baronbrummbar8691

    @baronbrummbar8691

    Жыл бұрын

    most western nations have the technology ......... the chinese stuff is just s highly subsidised that nobody in the rest of the world bothers

  • @recarras
    @recarras Жыл бұрын

    China produces a lot of rare earths because nobody wanted to develop separation processes. Today there is a lot more of technology for this in a safer way and China is highly polluted as a trade off.

  • @MVargic

    @MVargic

    Жыл бұрын

    Vietnam and Brazil sit on a massive pile of rare earths, but it is still completely untouched. It is a golden opportunity and it is unbelievable that it still isnt mined on a massive scale.

  • @recarras

    @recarras

    Жыл бұрын

    @@MVargic pollution my friend. ITS hard separate each rare earth. China has de advantage not only because It has them, but also the technology AND guts to separate them. If they aré extracted un Brazil, as an example, the separation AND pollution Will go to other country (a 1st world one), that ITS not so happy to do so.

  • @MrSupersunbeam

    @MrSupersunbeam

    Жыл бұрын

    Correct, nobody wants to do what China does. Instead buying from China and and now the West is blaming China polluting the environment and is trying around to contain China in all kinds of fields.

  • @anteep4900

    @anteep4900

    Жыл бұрын

    @@recarras True. Human life is literally worthless in China, so it's ok for them

  • @mao_zhu_xi
    @mao_zhu_xi Жыл бұрын

    "Developing partnerships with the key suppliers" can't you just call it for what it is -- "Imperialism"?

  • @tjs200

    @tjs200

    Жыл бұрын

    how is negotiating trade agreements & deals with foreign governments in any way comparable to the invasion and subjugation of entire populations?

  • @sotch2271

    @sotch2271

    Жыл бұрын

    @@tjs200 because economic Dependancy is far more powerfull than political dependancy When I can cut your only source of food that come from my country and make your people hungry and go agaisnt you, for example not mining the things i wanted to the price im willing to pay (like the us did in south america and the caribeaan) Maybe its too hard to conceptualize but the starting point of colonialism started like this, opening all the closed doors and people can come and go like they want (for example usa in japan and there open country policy that also killed thousand by food scarcity and civil war after) Its almost like people can blackmail when knowing what you lack

  • @tjs200

    @tjs200

    Жыл бұрын

    Your strawmanning the argument. The theoretical situation you described is a completely different one than is being referenced. A European country developing a parternship with another country because they are key suppliers of a strategic resource is not the European country being imperialist, in fact they're opening themselves up to be exploited because Europe would be dependent on them, not the other way around. Unless you know - they actually enganged in imperialism, by, instead of 'developing a parternship', gave them the finger, invaded their country, and took that resource without negotiation. In what way can two countries have an economic / trading relationship without it being labeled as imperialism?

  • @mao_zhu_xi

    @mao_zhu_xi

    Жыл бұрын

    @@sotch2271 Well, I was talking about, as Lenin puts it, the highest stage of capitalism a.k.a imperialism. Due to the enormous concentration of capital in the hands of a few selected bourgeois, and the same recurring with banking industry, they start to intertwine, creating finance class. The finance class instead of exporting commodities, starts to export capital. And that's in essence economic part of imperialism (but there is much more)

  • @andrasfogarasi5014

    @andrasfogarasi5014

    Жыл бұрын

    @@mao_zhu_xi Oh hey, a communist that doesn't read theory is pretending to read theory.

  • @justinmorgan2126
    @justinmorgan2126 Жыл бұрын

    Europe has trillions of tons of minerals, the problem is getting at them cheaply enough. In 200 years when oil has gone there will still be the ultra rich racing around in petrol cars because they'll be the only ones rich enough to pay 10,000 euros a litre.

  • @gabrielxavier2676
    @gabrielxavier2676 Жыл бұрын

    Strange how Chile, Argentina and Australia have together 105% of the Lithium of the world

  • @dariomongui8602

    @dariomongui8602

    Жыл бұрын

    Gabriel Gabrielito Javier ,,,,!! Como es esa vaina del cientocinco por ciento del Litio,, o es mal matemático ,, o es mentiroso redomado,,, aclare !!!

  • @gabrielxavier2676

    @gabrielxavier2676

    Жыл бұрын

    ​@@dariomongui8602 lo siento no pude entender muy bien.

  • @MightyshadowDK
    @MightyshadowDK Жыл бұрын

    You are missing that Greenland is part of EU, and has huge mineral potential!. Great videos by the way ;)

  • @baronbrummbar8691

    @baronbrummbar8691

    Жыл бұрын

    Well yes but actully no

  • @gtr5860

    @gtr5860

    10 ай бұрын

    woke EU not willing to drills they own continent 😂..

  • @aber1237
    @aber1237 Жыл бұрын

    Rare earths are really not that rare. The issue is more to do with the processing and separation of these rare earths from each other and the pollution that comes from it. Europe, with its standards of environmentalism and significant wages relative to China, is not cost-competitive in supplying these rare earths. From a strategic perspective, I agree that Europe will need to look at other suppliers. However, I think this video is missing the point. With regards to other minerals, I agree with the assessment.

  • @catonpillow
    @catonpillow Жыл бұрын

    Сhina: Develops. U$: Сhina back! EU: What? Oh, ok, ok master - Сhina bad! Me: ...

  • @ruse3436
    @ruse3436 Жыл бұрын

    i find it dumb how for example europe starting to struggle with resources yet they still havent started a space industry, theres so much free resource in space to collect , way more than you could ever get on earth and its better for the earth, the only way is up and resources on earth are finite

  • @itzdaman
    @itzdaman Жыл бұрын

    The sad issue is that this is never going to happen, but we will also never hear the end of it in bureaucracy and corruption. You can see this from the most needed, basic and easy to produce recourse: food. All over Europe (esp. Netherlands) farmers are being thrown off their land, even though the world is coping with a hunger crisis. The erroneous reason is the "environment and nitrogen". The obvious solution is to use one of the many agricultural universities in Europe, that Europe prides itself on so much, with it's knowledge economy, to adapt our living environment to the current output of gasses and change. But the Netherlands refuses this telling us that nature should be preserved as is by any cost, even though the whole country is terraformed and the national tulip is actually from Turkey. The irony is that law makers are scared to lose some weeds in the forest, while the politicians sit 10 meters below sea level surrounded by invasive species of flowers. So no, mining is not coming back to Europe, but there are definitely going to be some paper dreams sold.

  • @HenriZwols

    @HenriZwols

    Жыл бұрын

    The Netherlands, being a river delta, has very fertile soil, so it's actually a waste of fertile soil that the country has so much animal husbandry. Grass will grow almost anywhere for cows to walk on. Meanwhile the Netherlands could use its precious grounds more for crop farming. As an added bonus, crop farming consumes nitrates instead of producing them. So switching would solve the nitrates crisis.

  • @Beregorn88

    @Beregorn88

    Жыл бұрын

    In Italy we have one of the world's highest grade lithium deposit, it has been known since the '70, and we just have given it to an Australian mining company...

  • @bubaballoon
    @bubaballoon Жыл бұрын

    I thought Afghanistan has a massive Cobalt cache/deposit, maybe that was missing from the map. Otherwise I had no idea China supplied nearly all rare metals 😅

  • @sovereign126

    @sovereign126

    Жыл бұрын

    Back to Afghan we go

  • @vanderberg8558
    @vanderberg8558 Жыл бұрын

    Actually Europe still have minerals. In Spain they have discovered their old tin mines contain a previously undesirable mineral worth mining now - Lithium. Its not everything, but its a decent concentration.

  • @SportsIncorporated
    @SportsIncorporated Жыл бұрын

    I have shares in two N. American companies trying to extract rare earths from already mined ore that's just sitting around. I know Europe has some rare earth capability from shares in a Swedish miner. Estonia has rare earth refining. Rare earth magnets were actually produced by GM's Magnequench division and Japan's Sumitomo back in the 1980's. Magnequench was bought by and moved to China. (Maybe they are also in Thailand now.)

  • @davewordsworth1251

    @davewordsworth1251

    Жыл бұрын

    Hi, this is interesting. What are the name of these companies? As I would be interested in purchasing some shares.

  • @xiaogangdasha
    @xiaogangdasha Жыл бұрын

    This is some rare qualify content, appreciate from China. ♥️🇨🇳😘

  • @edmundkempersdartboard173
    @edmundkempersdartboard173 Жыл бұрын

    Gotta appreciate the irony of green energy actually being really bad for the environment in many cases. Carbon emissions are just one factor but it's all the tree huggers seem to care about.

  • @kushalvora7682
    @kushalvora7682 Жыл бұрын

    Iron nitride permanent magnets have started to enter production. These magnets are not only cheap but also better than rare earth magnets. Many research labs have also synthesised graphene aluminium alloys which are as good as copper in electricity conduction and 3 times lighter.

  • @jorexthox4330
    @jorexthox43303 ай бұрын

    Europe MUST conquer world 🌍 for minerals 😮

  • @schnitzelsemmel
    @schnitzelsemmel Жыл бұрын

    seems like a new colonial rush for Africa. Europe is too noble to mine and produce at their doorstep, so they out-source the slavery and environmental destruction.

  • @westmax8491

    @westmax8491

    Жыл бұрын

    NOT so, Europe is losing ground in Africa to China. Africa should be concerned about China rush to Africa. Europe is becoming old as we speak and they are worried about immigration from Africa and Asia

  • @jensaukema732
    @jensaukema732 Жыл бұрын

    Weer een mooie productie!

  • @IntoEurope

    @IntoEurope

    Жыл бұрын

    Dankjewel! :)

  • @AlexC-ou4ju

    @AlexC-ou4ju

    Жыл бұрын

    that cannot be a serious sentence in a real language. I'm sorry but when I read that in my head I had to use Jar Jar bink's voice.

  • @oleanderkazzy_
    @oleanderkazzy_ Жыл бұрын

    RIP Hank, you would've hated Europe.

  • @gljames24
    @gljames24 Жыл бұрын

    It would be awesome to get a video on the clarion clipperton zone where lot of European counties are looking to mine.

  • @lba7362
    @lba7362 Жыл бұрын

    Eventually we will run out of these minerals or there is going to be a trade dispute between the countries. We already know there are a lot of mineral-rich asteroids near Earth. We should invest more into the aerospace industry so we can be fully independent regarding our resource needs.

  • @certaindeath7776

    @certaindeath7776

    Жыл бұрын

    rare earths are not rare at all. in fact within EU borders there are deposits enough to supply the whole planet. but noone wants to deal with the enviromental hazards it brings to mine and seperate the materials (its also a economy of scale thing, either you do it big or someone else does it big^^). Some of theese processes for some of the materials even release radioactivity AFAIK, so not really suitable for densly populated areas.

  • @danjames8314

    @danjames8314

    Жыл бұрын

    @@user-be1jx7ty7n would the advancement of space elevator-esque systems to allow launches to be more economically viable give that boost in viability needed to import? i mean just leaving those resources there off planet forever doesn't seem very probable...

  • @deek0146

    @deek0146

    Жыл бұрын

    @@danjames8314 Space elevator is also not possible outside of science fiction.

  • @garethbaus5471

    @garethbaus5471

    Жыл бұрын

    @@deek0146 some systems like sky hooks have similar advantages, and actually are feasible with current technology.

  • @danjames8314

    @danjames8314

    Жыл бұрын

    @@deek0146 that's why I said space elevator-esque, not just space elevator. and if you think we aren't going to improve launch efficiency then I'm sorry but you're just ignorant

  • @torgereinervoll5918
    @torgereinervoll5918 Жыл бұрын

    Norway has the "Mohns Rygg" formation being explored for subsea mining. Seafloor mining may be the future especially in volcano active area belonging to Norway, Iceland, Azore/Portugal, Italy etc.

  • @OHOE1

    @OHOE1

    Жыл бұрын

    Don't forget Sweden, it accounts for 91% of Europe's iron ore, as well as 9% of the copper and 24-39% of the lead, silver and gold.

  • @linushammarkyro4075
    @linushammarkyro40753 ай бұрын

    ´´when faced with problems, turn to the past for answers``- a sentimental european who knows history

  • @daffyduck4195
    @daffyduck41955 ай бұрын

    For those countries (think Lithuania, and Sweden) that side with Taiwan ($180 billion GDP) as a trade partner over China ($18 trillion GDP), China's recent announcement might pose a challenge. On December 24, 2023, China implemented an export ban on rare-earth mining and manufacturing technology. This move was actually in response to the recent discovery of a massive rare earth mine in Wyoming, USA. Currently, there is only 1 company in the US that is focusing on rare-earth mining, and it formed only in recent months from substantial US govt funding. Europe, wishing you good luck in navigating this situation.

  • @Mr.Septon
    @Mr.Septon Жыл бұрын

    Personally, I believe that the "West" should work more in sync on a wide variety of issues, from defense to economics to resources. This is one of those areas where collective investment could easily ensure a stable supply of such resources as a globally available item. The West is very similar in many regards, while different in others. We let our differences decide more than we should be okay with. If the West works together, they can more than collectively counter China or any other rising power. Same way I feel about collective, global security. If we all act together, we can do even more. I want to see a NATO of the "West". I use quotations because obviously the nations are not all technically western, take Japan as an example, but collectively they are 70% of the global economy which means having the financial weight, especially spread between them, to more than counter anything China develops.

  • @marco0445

    @marco0445

    Жыл бұрын

    Do you know of a way to privately invest and support the "west's" (i hate this word only writing for convenieanc) efforts in this?

  • @shsssggsshsgsgs7676

    @shsssggsshsgsgs7676

    Жыл бұрын

    You have used a full paragraph to bring nothing new.

  • @Mr.Septon

    @Mr.Septon

    Жыл бұрын

    @@marco0445 I agree that the term the "West" is insufficient at best. For the term to include nations such as Australia and Japan, it just simply needs a new name we all can recognize. As for private investment, there are definitely ways to invest in this regard. So, it is going to depend on what you want to invest in. You may wish to look at certain resources or industries to focus on to help counter Chinese investment. So to do this it does require a little homework but you are looking for corporations that are directly looking to counter Chinese investment. Luckily this gives you at least a couple dozen nations worth of companies to investment in. Look for rhetoric and action built to either directly invest within the west or investments in other countries that help slow the eastward drift.

  • @SeattlePioneer

    @SeattlePioneer

    Жыл бұрын

    > Collective investment by the West towards such things would provide comprehensive control by environmentalists. Net result: nothing. It will be amusing to see what environmentalists have to say when their renewable strategy encounters bottlenecks that cause it to grind to a halt.

  • @normankoo6159

    @normankoo6159

    Жыл бұрын

    This is the typical Western jingoistic approach. Why not just be peaceful and collaborative? It seems that these words are absent from your dictionary.

  • @mrsupremegascon
    @mrsupremegascon Жыл бұрын

    Great video, as always. I am pessimistic about the future of our continent and our civilization. It is clear that we are not in a good position right now: - We are divided, unable to speak with one voice and make a common strategic decision. - We have leaders who show "weakness". The latest example is how Germany barely helped Ukraine, or how Spain bent before Morocco. - We depend on other countries for most of our resources and energy. - Our economy is in bad shape, worse than the US and other 1st world countries. - The world is becoming a more hostile place, treaties and international cooperation seem to be dead. - The rise of europhobia in Africa, they will, in the future, clearly side with Russia and China against us (example of Mali, Central Africa right now, and it's spreading). We are rich, with a controversial history that nationalists in Africa and Asia love to hate, considered "weak" by most other leaders (Putin, Erdogan, Xi, etc.) in a hostile world where we cannot rely on our own resources to survive. This is bad, very bad. The next few decades for Europe will most likely be very difficult, the Greek crisis, the Brexit, the German economic downturn, Covid19 and the Russian invasion are probably just the beginning. I hope our leaders know this and despite their flaws, they will limit the damage while leading us to a safer place. Sadly, we all know that is unlikely.

  • @FarsightAE

    @FarsightAE

    Жыл бұрын

    Ironically Europe does have sources of all these type of materials. Specifically in the mountain ranges of Scandinavia, Alps etc. Problem is no one wants to spend the initial money to drill for them, cheaper to get it from outside the continent. For example Sweden has several deposits of lithium and cobalt but no excavation for it. Europe also has access to vast amount of sea assets thanks to controlling many islands around the world, deep sea excavation technologies would open up access to minerals and metals previously unattainable from the sea floor. The biggest obstacle for Europe, as usual, are the nationalists. Those that stand in the way of federalisation and unification of the continent due to their childish view of countries and thinking it will somehow mean their cultures will just suddenly disappear. Nationalism has been weakening Europe since WW2 and continues do to so. We're also far too focused on just throwing money out in aid, 50-90 billion per year mostly to Africa and Asia, when many of those countries are neutral or unfriendly to us. That money should be invested in eastern Europe to bring them up to the same level as the western countries as well as limited to friendly countries. For example for "cheap labour" European companies should set up in north africa as they are somewhat friendly and share historical bonds with us, not in China or India. We have everything we need to thrive without relying on others, problem is we need to federalise and unify first. We need to give up the notion of individual countries and embrace pan-Europanism otherwise we'll continue to be seen as weak and indicisive while other major powers overtake us.

  • @oo--7714

    @oo--7714

    Жыл бұрын

    @@FarsightAEthis is your brain on KZread, fucking hell bro. 1 eastern Europe will never be as rich as western Europe, it's never been the case in it's history and the gap is only widening. You are also acting as if Europe has enough minerals, it doesn't, simply doesn't, the drc for instance has over half the worlds col alt, sweeden dosen't have a lot. We live in a globalised world and to think that you will be limiting yourself not trading with the rest of the world. Honestly political takes on youtube are a bit stupid.

  • @oo--7714

    @oo--7714

    Жыл бұрын

    Also your fourth point applies to all western countries apart from Ireland, south Korea and the USA.

  • @jasonhaven7170

    @jasonhaven7170

    Жыл бұрын

    @John Carreiro Immigration is the only solution for Europe. Europeans don't want children, Sweden and Finland have the best parental support systems in the world with paternity and maternity leave and welfare. They still have a birth rate below 2 children per woman. Europe is also getting old and eventually there will be more OAPs than working people and taxes will have to skyrocket to pay. The only way to fix this is to have more working-age immigrants who have kids.

  • @mrsupremegascon

    @mrsupremegascon

    Жыл бұрын

    @@jasonhaven7170 Immigration is just a very short term solution that create huge long term problems. 2nd and 3rd generations of migrants have the same fertility rate than natives. So it does only works for one generation. At one point, when Africa and Middle East will be developed, there will be no more migrants coming, what we will do then? We will just end up with more population so with a bigger problem. And you will have to add all the social and communities problems mass migration provoke. Because there almost to no assimilation with mass migration. So we are basically balkanizing Europe, creating multiples communities that doesn't mix and are already fighinting amongs themselves (Islamists terrorism in France, migrants riots in Sweden, etc..) and that's only the beginning. And that is the worst fate that can happen to a territory. Because it will never able to develop after that. You just need to see the Balkans, Middle East and some part of Africa to see the result of multicultural countries overtime. No Japanese fate for Europe is better than a Balkanic fate.

  • @QALibrary
    @QALibrary Жыл бұрын

    1:30 to make a correction there are already Colbolt free batteries for EV being manufactured and come 2022-24 and esp when the next range of EV model get realised there be very little use for Colbolt - currently, most Colbolt in the world is being used as an additive to reduce pollution from ICEs.

  • @daffyduck4195
    @daffyduck41955 ай бұрын

    Professional presentation with excellent graphs and animation.

  • @DJ1573
    @DJ1573 Жыл бұрын

    Turkey just reported they found the second largest rare earths deposit

  • @xxxxxx-rg6qr

    @xxxxxx-rg6qr

    Жыл бұрын

    but rememeber we turks hate westt hahahahah this means not for you :)

  • @anteep4900

    @anteep4900

    Жыл бұрын

    We'll have to take it off them, they don't know how to manage it or themselves

  • @DJ1573

    @DJ1573

    Жыл бұрын

    @@anteep4900 Yes, the times of Peace are over. World tensions are rising just like before the last time

  • @anteep4900

    @anteep4900

    Жыл бұрын

    @@DJ1573 Hell yeah, let's do it. Sorry Turks! You'll thank us later!

  • @DJ1573

    @DJ1573

    Жыл бұрын

    @@anteep4900 German arms industry is already building new production lines and targets a 100% increase of its workforce

  • @glenipolus9731
    @glenipolus9731 Жыл бұрын

    EU needs to invest more into recyckling

  • @theamici

    @theamici

    Жыл бұрын

    Much more!

  • @SeattlePioneer

    @SeattlePioneer

    Жыл бұрын

    Recycling isn't going to be of much help when you are dramatically expanding the amount of material you want to buy and use. Environmentalists confidently predict MILLIONS of new EVs in the next few years. That will require enormous amounts of new lithium for batteries. At the same time, environmentalists want enormous amounts of utility battery energy storage to make their renewable power work, again dramatically expanding the demand for lithium. Recycling is going to be zero assistance while all this new stuff is built. When it starts failing and falling apart, then recycling would have a role.

  • @tomislavnagy8715
    @tomislavnagy8715 Жыл бұрын

    A few Years ago, in Serbia, there has been Discovered a Huge Mine of Lithium, but People living there said no, so they canceled the Mining. Also, there has been a discovery of Huge Lithium Deposits in Germany!

  • @jasonhaven7170
    @jasonhaven7170 Жыл бұрын

    I hope for Africa to keep its minerals and educate the local populace to create their own high tech industries rivalling EU, USA and China, and hire foreign skilled workers in the meantime

  • @dhararry7929

    @dhararry7929

    Жыл бұрын

    You're saying that like Africa is a single nation.

  • @dhararry7929

    @dhararry7929

    Жыл бұрын

    Educating people isn't easy or cheap, and requires teachers who are already educated.

  • @dhararry7929

    @dhararry7929

    Жыл бұрын

    Hiring foreign skilled workers costs money.

  • @jasonhaven7170

    @jasonhaven7170

    Жыл бұрын

    @@dhararry7929 It's important

  • @dhararry7929

    @dhararry7929

    Жыл бұрын

    @@jasonhaven7170 what is?

  • @mortenlund1418
    @mortenlund1418 Жыл бұрын

    Thanks for sharing. Great video. As a highly civilized, wealthy and free Union, we have obligations to reach out and create trade agreements that benefits both trading partners. The closest is the African Union. This development in trade will benefit both economy and security. If we look at South America, Mercansur is both historically and linguistically a good opertunity for both parts! It seems like short term profit is valued over a balanced Earth. Hopefully this trade agreement negotiation will be brought back soon,

  • @jasonhaven7170

    @jasonhaven7170

    Жыл бұрын

    The EU should allow more migration, that will make it easier to gain trad deals with India and African countries

  • @mortenlund1418

    @mortenlund1418

    Жыл бұрын

    @@jasonhaven7170 First: Are you living in Europe? Second: We need a balanced world. We have to negotiate and be respectfull to each other. Small countries must unite and merge fit for the future. Economy of scale is beating everything else. Economy is war without bullets. It is the difference between life or death, freedom or slavery, heaven or hell. Okay it was a dramatic way of describing it. But we need to unite and align our strength, if it has to matter.

  • @user-dy4rh5vz4w

    @user-dy4rh5vz4w

    Жыл бұрын

    @@jasonhaven7170 I agree

  • @sotch2271

    @sotch2271

    Жыл бұрын

    Free trade agreement never helped poorer economy, only helped them become subjugated economically to the richer country Its absolutely not like imperialism started with trade agreement that hinder the growth of your potentiel national population, instead of paying the little butcher from your street, you will pay 0,03$ less per kg buy buying from a multinational conglomerate that can rinse their price to destroy all competition in another country (Just like chinese solar panel did to all of europe solar panel emerging industry, but china was cheaper and way more available and the EU subsidesed their buying (but not constructing) So who won ? China

  • @sotch2271

    @sotch2271

    Жыл бұрын

    @@mortenlund1418 oh yes, because singapour or luxembourg are not at all capable of having any economy, and before the EU they were poorer than the averagw bosniak ofc

  • @politicalhorizon2000
    @politicalhorizon2000 Жыл бұрын

    Another reason why nuclear power makes sense to me. The world will use exponential amounts of raw resources for wind and solar. Ressources that future generations will need

  • @NoahNobody
    @NoahNobody Жыл бұрын

    There is colbolt and other rare earth materials close to my in-law's summer cottage in Finland. Mining the land will poison the ground water though, so no more drinking water for us. Next year they will start excavating to see if the mining operation would be profitable.

  • @jeffmorris5802
    @jeffmorris5802 Жыл бұрын

    Gotta love the hand-waivey "we'll just recycle them" answer lol. With what, magic? That isn't how any of this works.

  • @paulheydarian1281
    @paulheydarian1281 Жыл бұрын

    Please STOP using the Mercator map projection. Use a 3D globe next time in your graphics. The Mercator map projection is grossly inaccurate.

  • @louissch5955
    @louissch5955 Жыл бұрын

    I appreciate this video, great style and content, thanks

  • @shazz9196
    @shazz9196 Жыл бұрын

    top video, a lot of things that we all know, but very well summarized. 👌

  • @baul997
    @baul997 Жыл бұрын

    So what you are saying is that we Europeans should go back to the age of colonialism and secure the necessary mines. Okay. Got it.

  • @dhirajgawande007

    @dhirajgawande007

    Жыл бұрын

    😶

  • @anteep4900

    @anteep4900

    Жыл бұрын

    Agreed, it will be a laugh. This time, we'll properly do it. We won't make the same mistakes as first time.

  • @hoogyoutube
    @hoogyoutube Жыл бұрын

    Incredible video

  • @breaktide251
    @breaktide251 Жыл бұрын

    Awesome video btw you got you a new sub

  • @IntoEurope

    @IntoEurope

    Жыл бұрын

    Thank you, and welcome aboard! :)

  • @qh5163
    @qh5163 Жыл бұрын

    you forgot coal in your comparison. And different to coal you can recycle copper up to 100%.

  • @Embassy_of_Jupiter
    @Embassy_of_Jupiter Жыл бұрын

    Our terrible regulatory environment heavily favoring large uninnovative conglomerates, that makes it extremely hard for startups to succeed, combined with our strict environmental policies/mindset both make sure that we will never be self sufficient in these technologies and resources. I don't see that changing any time soon, this is a pipe dream.