Good article Grant! You really need to explain how the fundamental difference between mining and CDR - mining is entirely governed by market supply-and-demand, whereas CDR is entirely dependent on government policy - shapes their different structures, especially with regards to funding. A mining company can raise $500 million in private investment if it produces a favourable bankable pre-feasibility study, whereas a CDR company cannot.
Thank you for reading, André! I very much appreciate the perspective of someone like yourself who has lived both worlds here and definitely agree. I should have perhaps emphasized the "responsibly and domestically mined" angle for the critical minerals a bit more, as my understanding is that a big part of the challenge is the potential need for some form of perpetual government support if the West is trying to wean itself off cheap-but-risky Chinese imports. But at the end of the day, the public good vs. private good dynamic is definitely a key difference here that needs to flavor the discussion.
Amazing read..
Good article Grant! You really need to explain how the fundamental difference between mining and CDR - mining is entirely governed by market supply-and-demand, whereas CDR is entirely dependent on government policy - shapes their different structures, especially with regards to funding. A mining company can raise $500 million in private investment if it produces a favourable bankable pre-feasibility study, whereas a CDR company cannot.
Thank you for reading, André! I very much appreciate the perspective of someone like yourself who has lived both worlds here and definitely agree. I should have perhaps emphasized the "responsibly and domestically mined" angle for the critical minerals a bit more, as my understanding is that a big part of the challenge is the potential need for some form of perpetual government support if the West is trying to wean itself off cheap-but-risky Chinese imports. But at the end of the day, the public good vs. private good dynamic is definitely a key difference here that needs to flavor the discussion.