Jacob Lawrence

Bloomberg News North American Metals and Mining Reporter · Person

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Jacob Lawrence - Bloomberg News North American Metals and Mining Reporter. Tracked across 12 mentions in podcasts and expert conversations analyzed by Sonic.

What Jacob Lawrence has said

There are only about a dozen accredited mining schools in the United States.

bearish·Jacob Lawrence

The Brazilian rare earths firm Aclara is attempting to build a rare earths plant in Louisiana.

bullish·Jacob Lawrence

Building rare earth processing plants in the US is hindered by permitting struggles and a lack of investment in the sector.

bearish·Jacob Lawrence

There are only about a dozen accredited mining schools in the United States.

Expert perspectiveJacob LawrenceJul 10

The Brazilian rare earths firm Aclara is attempting to build a rare earths plant in Louisiana.

Expert perspectiveJacob LawrenceJul 10

Building rare earth processing plants in the US is hindered by permitting struggles and a lack of investment in the sector.

Expert perspectiveJacob LawrenceJul 10

The US Department of Energy has provided funding to universities to help develop programs for rare earth engineering and metallurgy.

Expert perspectiveJacob LawrenceJul 10

A major challenge for developing rare earth engineering programs in the US is the inability to find qualified instructors.

Expert perspectiveJacob LawrenceJul 10

The American rare earths industry began to decline around 1999 as China became a dominant global player in critical minerals.

Expert perspectiveJacob LawrenceJul 10

Average salaries for mining engineers in the US are around $80,000 per year, significantly lower than the approximately $120,000 per year for petroleum engineers.

Expert perspectiveJacob LawrenceJul 10

When the United States outsourced its rare earths industry decades ago, it also outsourced the associated engineering talent.

Expert perspectiveJacob LawrenceJul 10

The Trump administration allocated significant funding to rebuild the domestic supply chain of critical minerals.

Expert perspectiveJacob LawrenceJul 10

The People's Republic of China is the world's largest employer of rare earth engineers.

Expert perspectiveJacob LawrenceJul 10

China has universities with specialty programs specifically for rare earth engineering, a level of educational specialization not found elsewhere in the world.

Expert perspectiveJacob LawrenceJul 10

US companies in the rare earths industry are hiring people out of retirement, including individuals over the ages of 75 and 80, to fill engineering roles.

Expert perspectiveJacob LawrenceJul 10

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