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-Lurid Crime Tales-
Hunter Biden's private equity firm helped Chinese conglomerate buy American-owned cobalt mine in $3.8 billion deal: Purchase helped China company gain world's largest deposit of precious metal used to make batteries for electric vehicles
2021-11-21
[Daily Mail, where America gets its news]
  • Hunter Biden's investment firm partnered with a Chinese company to buy the world's larges cobalt mine from an American company in 2016

  • Biden was one of three Americans who founded the BHR private equity firm with Chinese partners in 2013

  • The firm helped buy out a minor stakeholder in the Congo's Tenke Fungurume cobalt mine to help China Molybdenum buy it from Freeport-McMoRan

  • The $3.8 billion deal helped secure China's dominance over the precious metal, which is one of the key components of the batteries used for electric vehicles

  • Earlier this year, Biden had warned that America's electric car development could be threatened by China's control over cobalt
Related:
Cobalt mine: 2021-05-26 Are children dying like dogs in effort to build better batteries?
Cobalt mine: 2010-12-07 Police receive arrest warrant for Assange
Related:
Freeport-McMoRan: 2008-09-15 Bomb hits near Indonesia airport built by US firm
Freeport-McMoRan: 2007-10-18 Tribal violence kills 8 in Indonesia
Posted by:Skidmark

#8  If it was the real America of Reagan, he would shit himself, because the "Big Guy" would not put up with Xi's Bullshit.... Wimps you all are ...take the last of your testosterones' amd make something happen good...burgers
Posted by: Phish Noodleman4470   2021-11-21 21:07  

#7  That's what Xi would do.
Posted by: Abu Uluque   2021-11-21 18:47  

#6  Nationalize the mine.
Posted by: Abu Uluque   2021-11-21 18:47  

#5  Is there any way to reverse these ‘sales’?
Posted by: Shiva Protector of the Hohlraums   2021-11-21 11:10  

#4  Plugs was VP and he and the Crackpipe Kid were flying around the world on Air Force Two, doing deals with state bandits

And "Madame Secretary" was doing the Uranium One deal...
Posted by: M. Murcek   2021-11-21 09:32  

#3  Curiouser and curiouser. FCX is Louisiana-based. Why did they sell the mine? Even if it made sense for them to focus on their core metal, copper, why were they permitted to sell it to the Chinese?

Oh, 2016... got it. That would be when Plugs was VP and he and the Crackpipe Kid were flying around the world on Air Force Two, doing deals with state bandits, sniffing hair and snorting coke
Posted by: Merrick Ferret   2021-11-21 09:26  

#2  

COBALT also makes a nasty dirty bomb, with a half life of 5.2 years.
Posted by: NN2N1   2021-11-21 08:22  

#1  Earlier this year, Biden had warned that America's electric car development could be threatened by China's control over cobalt

Brandon warned, not Hunter, right? Maybe Hunter didn't tell Daddy, or maybe Daddy forgot?
Posted by: Bobby   2021-11-21 08:12  

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