AI, Rare Earths, and Economic Statecraft with Michael Every & Craig Tindale | RR 22

AI, Rare Earths, and Economic Statecraft with Michael Every & Craig Tindale | RR 22 | Nate Hagens · Nuggets

Data Point	Value	Context	Timestamp
Western Private Capital Returns	20-30%	The standard financial return expectation in the West, making it structurally impossible to compete with state actors producing at a perpetual loss.	[00:00:27](https://www.youtube.com/watch?v=GKzsjvRVkik&t=0h0m27s)
ESG Capital Premium	9%	The added cost to base capital due to ESG mandates (like capturing 99% of sulfur) that forced Glencore to cancel a Canadian copper refinery.	[00:07:21](https://www.youtube.com/watch?v=GKzsjvRVkik&t=0h7m21s)
Critical Mineral Tender	$355 million	The grant issued by the US Department of Energy to extract essential materials like gallium from billions of tons of coal dust and tailings.	[00:08:50]()

AI, Rare Earths, and Economic Statecraft with Michael Every & Craig Tindale | RR 22 | Nate Hagens