The US still one of the leading countries in the world for mining and refining by any measure. It has extensive expertise and its mineral wealth is unusually diverse.
All of this is despite the fact the US effectively banned new mining several decades ago. The US is a mineral juggernaut and has the technical knowledge but growth has been severely restricted as a matter of policy for a long time.
By analogy, US oil production was in terminal decline since the 1970s and presumed dead at the end of the 20th century. Now the US is the world’s leading oil producer with no sign of slowing down.
There is every reason to believe the same thing would happen if the US decided to re-open the mountain west to mineral exploration.
All of this is despite the fact the US effectively banned new mining several decades ago. The US is a mineral juggernaut and has the technical knowledge but growth has been severely restricted as a matter of policy for a long time.
By analogy, US oil production was in terminal decline since the 1970s and presumed dead at the end of the 20th century. Now the US is the world’s leading oil producer with no sign of slowing down.
There is every reason to believe the same thing would happen if the US decided to re-open the mountain west to mineral exploration.