CoVFeFe
Is it Cobalt, Vanadium, & Iron (twice, for what reason)?
Cobalt:
https://www.foxnews.com/politics/hunter-biden-firm-chinese-purchase-cobalt-mine
An investment firm that counts Hunter Biden among its founders helped a Chinese company purchase one of the world’s most lucrative cobalt mines from an American company, according to a report by The New York Times.
Biden established the firm Bohai Harvest RST (BHR) Equity Investment Fund Management Company with two other Americans and some Chinese partners in 2013. The American members controlled 30 percent of the Shanghai-based operation and served on the board.
The company notably completed a deal in 2016 that saw a Congo cobalt and copper mine transfer from American company Freeport-McMoRan to Chinese outfit China Molybdenum for the sum of $2.65 billion.
https://www.nytimes.com/2021/11/20/world/hunter-biden-china-cobalt.html
Chyna now has the world's Cobalt market cornered.
Vanadium:
https://seekingalpha.com/article/4420121-western-uranium-vanadium-potential-winner-from-biden-carbon-free-2035-policy-wstrf
For the US to achieve 100% carbon free electricity by 2035, it means huge support for the major carbon free energy sources - nuclear (using uranium), solar, and wind energy. The existing US nuclear reactor fleet currently produces in excess of 50% of the US's clean energy. In addition, utility scale energy storage will be needed to support wind and solar farms. Two key materials the US will need are uranium and vanadium (also lithium for energy storage and EVs). As shown on the charts below both are now rising from recent near lows and have potential to spike higher if demand soars and deficits occur.
Iron:
https://www.canarymedia.com/articles/clean-industry/joe-bidens-green-new-steel
Plenty of links regarding iron ore/Biden/green new deal….I'm just not sure how it would fit in, unless we start seeing more Chyna imports which would be as stupid as I would expect this admin to act.
The Cobalt/Hunter Biden story is new to me, just saw it come out today. Interesting how all the elements of CoVFeFe are needed for the BBB bill and battery production.
Just some seeds to dig.