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China are back at it

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    ElChaffinch started this thread.
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    China are back at it

    A quick look at some news articles today and it seems China might be looking to buy cheap materials once more.

    China's space telescope to displace humans in search for aliens

    I've been reading many people saying China's drop in purchasing recycled metals is the main cause of the price drops (as well as China flooding the market with excess material they are selling at a loss), but maybe the promised ambitions of space exploration hold a future of brighter days for all?

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    This isn't 1960 where you needed many thousands of people to put man on the moon.

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    Quote Originally Posted by unknownk View Post
    This isn't 1960 where you needed many thousands of people to put man on the moon.
    Yep. but if they can "buy" garbage and then resell it for a profit sounds good. How many men would it take to put a man on Uranus?

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    China has the largest ore reserves of all rare earth metals
    Gold Mining in China. The Largest Gold Producer in the World. Gold Mines


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    Quote Originally Posted by hobo finds View Post
    Yep. but if they can "buy" garbage and then resell it for a profit sounds good. How many men would it take to put a man on Uranus?
    I love riddles. One, but it will not be mine.
    Give back more to this world than we take.

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    Rare earth metals will eventually be mined from asteroids in space or the moon (where they came from in the first place).

  12. #7
    ElChaffinch started this thread.
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    Any increase in major infrastructure investment is surely a good sign that material is being purchased and the economy will at the least float steady.
    Seeing as its not another road (i.e. concrete) investment its worth noting.

    Ohandyes!
    Asteroid mining! Let's hope we manage the lasso version soon. According to #ScareMongerReporters we've had a few near misses recently.
    https://weather.com/science/news/nas...legal-20130903


    "It's the end of the world as we know it!
    And I feel fine"

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