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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsVenezuela has a ton of oil. It also has something else America needs
President Donald Trump says US companies will now have access to Venezuelas vast oil reserves. But the countrys other commodities have also caught his administrations attention.
Venezuela has unverified amounts of minerals, metals and potentially rare earth elements, experts say. These raw materials are indispensable for industries from defense to technology, and the administration has repeatedly stressed their importance for US national security.
But while Washington might aspire to secure Venezuelas critical elements, its a tall order, experts say, and wouldnt do much to bolster Americas supply chain.
The quantity and economic viability of Venezuelas mineral resources are uncertain. Companies also face major risks mining in Venezuela without sustained security guarantees.
https://www.msn.com/en-us/news/us/venezuela-has-a-ton-of-oil-it-also-has-something-else-america-needs/ar-AA1TZ9dJ
It would be par for the course for Trump to spend a whole lot of money for nothing.
GreenWave
(12,371 posts)We cross THEIR borders as unwelcome alien invaders.
Igel
(37,392 posts)It's one reason the PRC's so invested in it. That and just spreading influence and building support for its future hegemony.
Russia and Iran got most of the gold, at least in prior decades. Wonder where that got to? But Russia also got to have ships visit, etc.; while Iran gets the IRGC to operate discretely on site.
So yes, we get crap, possibly; but also we get rid of crap, possibly.
And if Venezuela defaults on loans made to it by the PRC and Russia, there'll be some grinning on the part of those that don't like either of the two countries. (And Iran ... 'nuff said.)
Initech
(107,486 posts)"How much will Elon Musk benefit from this?".
Because the asshole has been hanging around the White House again, and his fortune has been increasing again. It can't be a mere coincidence. He had to have known about Trump's plans to invade Venezuela.
AStern
(696 posts)Same with Greenland.