Column: Trump 2.0 won’t reverse Biden’s critical minerals push
Donald Trump has described the Inflation Reduction Act (IRA) as a "green scam" and vowed to repeal it after he returns to the White House in January.
As if anyone needed a reason to be more bullish on General Moly (GMO), Thomson Creek (TC) and Molycorp (MCP), here it is. As we know, MCP is the only supplier of molybdenum in the U.S. but soon GMO and TC will be filling the void. While China supplies 97% of the world’s Rare Earth Elements, it is a net importer of molybdenum.
