Rare Earths(RE) are all priced in Chinese Yuan (CNY). Each AUKUS Virginia class (VA) submarine uses ~ 4.2 tons of RE, 100% supplied by China. Cost of VA is now $9B/sub up fr $2B/sub in part due to skyrocketing RE prices. AUKUS has become a Chinese Get Rich scheme.

Your email address will not be published. Required fields are marked *

Comment *

Name *

Email *

Website

Save my name, email, and website in this browser for the next time I comment.

Δ