Europe Has Zero Minerals

[@IntoEurope]

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]

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]

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]

Is crimea still part of ukraine though?

[@evl1536]

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]

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

[@Nurg1982]

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]

There is only economy

[@andreius3336]

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

[@stereo-soulsoundsystem5070]

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]

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

[@BlueRidgeBubble]

@@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]

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]

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]

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]

@@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]

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]

Correct.

[@aitor9185]

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]

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]

Oh but who will labour in these mines?

[@aitor9185]

@@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]

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

[@AleXcsGaming]

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

[@alexsteven.m6414]

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]

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]

@@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]

@@JeanpaulCeme 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]

@@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.

[@jerry9548]

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]

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]

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]

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

[@jerry9548]

@@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]

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

[@fra604]

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]

French New caledonia too

[@michaelsalem2736]

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]

@@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]

​@@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]

@@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]

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]

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]

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

[@uuuuNB]

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]

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]

@@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

[@ilovemokona2]

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]

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]

@Li Tama Ton of Thanks

[@MVargic]

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]

​@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]

​@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.

[@alexanderguesthistorical7842]

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]

Hopefully. I was thinking the same with the Welsh coal

[@thetimelapseguy8]

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

[@teklife]

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

[@loukasfrantzolas6494]

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]

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

[@reviewer_random]

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

[@colevano]

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]

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

[@stephenjenkins7971]

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.

[@TylerSolvestri]

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.

[@Imtylerswift]

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

[@outman1923]

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

[@bambino8505]

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]

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

[@mysterioanonymous3206]

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]

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

[@redtigergaming1467]

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

[@redtigergaming1467]

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

[@jnonya7743]

"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]

Russia probably

[@Peizxcv]

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 KZbin. Most have wonky facts and trying to push an opinion on you than actually educating.

[@gongsisrael1496]

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

[@Peizxcv]

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

[@billpetersen298]

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

[@jimgraham6722]

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]

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]

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

[@joaquimbarbosa896]

@@SeriousTopics I personally like CHPM technology

[@HermanWillems]

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.

[@cyrilio]

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

[@christianurrutiaelli]

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

[@Emanuele246gi]

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

[@drmodestoesq]

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

[@richardcowley4087]

not part of europe

[@moritamikamikara3879]

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

[@nomennescio4604]

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.

[@Sacrypheyes]

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.

[@artfx9]

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

[@frankdecron1306]

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.)

[@jorsm.3893]

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]

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]

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

[@bgdabg6769]

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]

WEF wants total control so no go.

[@secrets.295]

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.

[@jasonxu7574]

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]

Sounds perfect for spain and poland then

[@VladislavSadykov]

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

[@IntoEurope]

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]

Thats why we dont want a mine in Serbia.

[@joejoe7588]

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

[@baronvonjo1929]

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]

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]

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]

@@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]

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

[@anteep4900]

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

[@betgamble8906]

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

[@zollen123]

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.

[@blijebij]

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.

[@Draxis32]

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

[@Minato1337]

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

[@baronbrummbar8691]

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

[@senethys]

This is wrong. Sweden found one of the biggest rare earth mineral deposits recently.

[@lecturesfromleeds614]

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?

[@dswynne]

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

[@lotgc]

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]

lol good one

[@ataarono]

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

[@jorexthox4330]

Europe MUST conquer world 🌍 for minerals 😮

[@oleanderkazzy_]

RIP Hank, you would've hated Europe.

[@jeanlallemand8286]

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

[@IntoEurope]

Merci! :)

[@DogsandIndiansnotallowed-cs2mt]

Quick to surrender

[@chakkritchroenlai]

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

[@OzoneTheLynx]

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

[@IntoEurope]

Thank you, and oups 😅

[@scottlu2762]

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]

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

[@lupus7194]

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.

[@nicolasguiresse6435]

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

[@Xydroos]

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)

[@Alphamaan]

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]

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

[@luxraider5384]

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

[@stevenschoeffler8036]

Europe and Russia have every mineral needed

[@luisfittkau9322]

Finally someone called them Minerals, not rocks

[@paulheydarian1281]

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

[@madisonatteberry9720]

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]

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.....

[@recarras]

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]

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]

@@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]

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]

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

[@peterfmodel]

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.

[@politicalhorizon2000]

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

[@HeritageStacking]

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]

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]

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

[@HeritageStacking]

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

[@drowned309]

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]

All part of the plan, mate

[@anon8206]

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

[@Eatbutternow]

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?

[@jensaukema732]

Weer een mooie productie!

[@IntoEurope]

Dankjewel! :)

[@AlexC-ou4ju]

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.

[@breaktide251]

Awesome video btw you got you a new sub

[@IntoEurope]

Thank you, and welcome aboard! :)

[@EdmundKempersDartboard]

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.

[@Lazarosaliths]

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

[@gingerfox7143]

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

[@overlord4404]

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

[@jome8059]

Because Russia does not make part of this world anymore.

[@xiaogangdasha]

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

[@SangoProductions213]

Yup. Politics does make a large degree of the difference, adjusted for land size. There's plenty of rare earths all around. The issue? Many Western nations so heavily restrict, if not ban it, that no one bothers. Just like how there's plenty of oil. But "Ew, oil extraction. That's icky. We need to go green." ... while buying Russian oil. And begging the Saudis for theirs. Yes. Sure. Right. Restrict your own supply and production while empowering dictators and repressive regimes.. What a lovely idea.

[@paulheydarian1281]

Why is there so much focus on Europe when less than eight percent of humanity lives there?

[@MightyshadowDK]

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

[@baronbrummbar8691]

Well yes but actully no

[@gtr5860]

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

[@SirZanZa]

says Europe, repeatedly shows maps of the EU.

[@eddyram4932]

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]

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

[@baronbrummbar8691]

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

[@vanderberg8558]

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.

[@stevenwilson5556]

A very simple solution: stop building bird chopping wind turbines and build more nuclear power plants.

[@mao_zhu_xi]

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

[@tjs200]

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

[@sotch2271]

@@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]

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]

@@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]

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

[@jeffmorris5802]

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

[@glenipolus9731]

EU needs to invest more into recyckling

[@theamici]

Much more!

[@SeattlePioneer]

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.

[@mywebsiteproject]

This channel is a goldmine...

[@rogofos]

3:27 to be fair, ruthenium is mined in South Africa

[@baul997]

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]

😶

[@anteep4900]

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

[@torgereinervoll5918]

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.

[@Xavier_Renegade_Angel]

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.

[@mortenlund1418]

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]

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

[@mortenlund1418]

@@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.

[@兼明-p2b]

@@jasonhaven7170 I agree

[@sotch2271]

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]

@@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

[@jf7243]

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.

[@skalgrimfellaxe5796]

This is a reason Swedens future importance as a supplier for Europe of Rare Earth Minerals cannot be understated. Local politics have hampered the usage of the vast quantites of important minerals for decades, but that is changing. In the next few years Sweden is set to become the main producer in Europe of Rare Earth Minerals, covering about 30% of the total need - from just one mine alone. Now, if the green party that despite being very small has influenced politics to a great deal, doesn't get any parlimentary seats in the upcoming election (which can happen, they are very close to the edge of not being allowed to enter parliment at around 4,1-4,3% of the votes and the limit being 4%) then things can get really wild. Sweden could become the most important supplier of several minerals, metals and uranium (coupled with thorium for that sweet sweet 4'th gen nuclear option the world is hoping for) that could single handedly revert the european energy crisis - for between 500 and 1500 years depending on if Europe uses 3'th gen or 4'th gen nuclear power.

[@chickenfishhybrid44]

Interesting, but I doubt it.

[@morrikai]

It is not the local politics like the city of Jokkmokk and Kiruna wants the mine more than anything else, it is the samic people that do everything in their way to stop the mines

[@skrrskrrrr99]

3:05 what do the percantages means?

[@debraygregoire94]

Your contents are just amazing, great video, great channel! Thanks a lot

[@GamersAreAtFault]

it's not Ironic, it's Funny.

[@Trials_By_Errors]

There are alternatives. For example your can create strong magnets by Iron and nitrogen.

[@tomislavnagy8715]

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!

[@gabrielxavier2676]

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

[@dariomongui8602]

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

[@gabrielxavier2676]

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

[@cbcluckyii4042]

Greenland "am I joke to you?!" chucks a piece of glacier at continental Europe

[@louissch5955]

I appreciate this video, great style and content, thanks

[@QALibrary]

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.

[@HiwasseeRiver]

1:13 A natural gas fired combined cycle power plant is a better kg/MW comparison since combined cycle is more efficient than a coal fired Rankine Cycle. If that comparison was used, along with full lifecycle cost then the unacceptably high cost of "green" alternatives would be even more obvious. Add in the poor use of raw materials and the negative impacts to wild life and it shows why a free market would never choose wind turbines as a power source.

[@SeriousTopics]

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.

[@frautic545]

Hank will not be happy

[@linushammarkyro4075]

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

[@fuge74]

I think one of the things that this analysis misses is that it is possible for us to get access to these materials from known areas, but the cost of mining and processing would need to be be off set by demand. prior to the discovery in china, the US which is generally considered mineral poor, made almost all of the worlds "rare earth metals"

[@robertbolding4182]

they can't fart minerals, they could never do that, they have always bought them and they will always buy them. what a video

[@blag6666]

Very professional video. My new favourite chanel

[@thetayz72]

Putting most of your eggs into a basket you can't supply is like Europe's signature move

[@ninny65]

Europe is a service/import economy, which is why we like freetrade, we don't want to pay duties on the goods we import. It effects GDP

[@AdventureThroughLife]

This is wrong. Europe has minerals. We just don't want to expend them. Why should we empty our deposits when the 3rd world is happily selling theirs to us and we sell them the processed and refined products back for many times the value of the original mineral? If they run out, we will still have our own deposits.

[@justinmorgan2126]

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.

[@catonpillow]

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

[@jean-claudeseguin3764]

Very good analys ! 😉

[@AEVMU]

Sweden has the worlds largest uranium deposit, and that same deposit is also the worlds 4th largest vanadium deposit. There is also huge amounts of nickel, potash, REE, coper IRON, and graphite, all in Sweden.

[@noodlechicken4169]

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

[@dristmist7401]

Beryllium, cobalt, fluorspar, graphite, niobium, phosphate rock. This is all known minerals here on the mainland in Norway, and it is believed we have a lot of minerals out in our seabed. Norway is europe, and some of the best in the world at extracting resources from under water.