where you can see almost half of the cobalt reserves are in the congo. lithium. two suppliers have well over half of the reserves of lithium. south africa and ukraine have more than half of the manganese depos deposits. china is main producer, you know, even though they have about 42% of known reserves. they still are producing 85% of rare earth materials. tantinum is a little different, it's a little odd. the usgs reports most other reserves are in australia and brazil, but half the production is taking place in rwanda and large part in the congo. basically what they're says, they really don't know what's going on with tantalum. australia is not producing any longer. they were producing years ago. and if most of it's coming out of rwanda and congo, what are the reserve numbers? a lot of the information is not available. we really don't know. so here's the production picture here where -- you can tell where -- production side has really changed dramatically in 20 years. it's gone up tremendously. and this is where production has taken place. again, it's the conce

cobalt, manganese. and bonadium in china and south africa.o this is -- the production side is only one side of it. cost and concern with vulnerability. assessing vulnerability of supply. that's only part of the picture. i put this slide up to show the rest of the picture has to be looked at. when you assess each mineral on its own, take each one and look at the entire supply chain to see where the vulnerabilities might be along the way. not just in production. production may be bad enough when it comes to rare earth supplies, but then what about the separating reduction to metal, forming alloys, magnets, to manufacture permanent magnets. where is the supply chain for each of these minerals that we might consider possible critical minerals. and that, i think, needs to be an area that needs to be drilled down on a little deeper. looking at each material is possibly critical. and where the supply chain is. and there's a lot of concern about building our supply chain in the united states. a lot of ventures on capitol hill and elsewhere. and you k

same with cobalt. manganese, three countries dominating production of manganese. and vanadium. china, south africa. so this is, so, the production is only one side of it. there are costs and concern, when it comes to vulnerability. assessing vulnerability of sources of supply. but, that is own hely part of the picture. i put this slide up to show rest of the picture that has to be looked at. when you assess each mineral on its own, take each one, look at entire supply chain to see where the vulnerabilities might be along the way. not just in production. production may be bad enough, when it comes to rare others supplies. but then, what about the separating, reduction to metal, forming alloys, magnets, manufacturing permanent magnets. all this is essential. where is the supply chain for each of these minerals we might consider possible critical minerals. and that i think needs to be an area that needs to be, you need to drill down on a little deeper, looking at each material that's possibly critical and where the supply chain is. and, there is a lot of concern about building our

. >> cobalt on some systems. >> let's foot stop. >> hear that? still using cobalt if you know what that is we can talk about it later. talk about antiques. >> let me foot stop one point that andy made which is the i.t. modernization fund, the idea here is, i'm running a legacy i.t. system. it costs me a lot of money to keep it running. and yet, congress is, you know, understandably reluctant to give me a pot of money to buy something new. they want me to have the same amount of money, run the old thing and replace it with something new and that doesn't work because when you're replacing a big system, you have to spend money to run the old one and build the new one and for some period of time you have to have essentially doubling the money. the idea hopefully is you end up with savings replacing the old one and for a period of time you have double the money and obviously an approximation. the fund is intended to bridge that. it will give agencies what will essentially be a loan to run -- while they pay for the old system with the current budget, i

you can see, almost half of the cobalt reserves are in the congo. -- 2 suppliers have well over half of the reserves of lithium. south africa and ukraine have more than half of the manganese deposits. platinum, the same thing. almost all of it is in south africa. rare earth is more dispersed. china is the main producer although they only have about 42% of known reserves. they are still producing 85% rare threat materials. -- half of the production is taking place in rwanda and large part in the congo. they really don't know what is .oing on with tantalum australia is not producing any longer. of it is coming out of rwanda and congo. a lot of information is not available. we really don't know. here is the production picture. the production side has really changed dramatically. it has gone up tremendously. this is where production has taken place once again. when the united states is 100% dependent, you have 91% coming from one country, 95% of the reserves in one country. there is a cause for some theern, at least to assess vulnerability. how vulnerable is the united states to disrupti

dana: all the conference rooms are names after -- named after metal lithium, cobalt, graphite. from thank you very much. could we see another billionaire turned reality tv star on a ticket to the white house? mark cuban is presenting his thoughts on how hillary clinton should pick a running mate. cuban said "i would get a vice presidential candidate who is someone like me, who would just throw bombs that donald." cuban mentioned he and the presumptive republican nominee have a love-hate relationship. coming up, we break down the biggest events in tech from this week. after the resignation of lending club's ceo, what is next for peer-to-peer lending? and for more of our best interviews, check out the studio 1.0 podcast. why is peter thiel comparing ivy schools with the medieval catholic church? check it out on itunes & cloud on monday. ♪ brad: from claims about conservative bias in facebook trending articles to the sudden resignation of renaud laplanche as lending club ceo, there has been no shortage of tech news this week. joining us now, executive technology editor tom giles.

here in cobalt, that is the three year yield, 1.42%.ng as well, when they did come out with the great position about 40 minutes ago we saw a slight uptick in the three-year. still treating below that. -- trading below that. the next chart is what i call pure pressure. do i have it -- pure pressure -- peer pressure. do i have it? here it is, key interest rate. could we get a close-up? white is the bank of korea. rba is in blue. purple, thailand. the orange is the benchmark rate in taiwan. suffice it to say i will not get into details, treating it fairly rural -- low rates. no one lives in a vacuum. obviously what happens elsewhere impacts what happens. these are key expert in countries as well. they export different things. yvonne: thank you. let's get more reaction from young sun kwon. i know you did expect no change. how much longer can they afford to wait? believe thatn: we the ok will cut interest rates in july. this is because what happened in korea now is the government has pushed hard on corporate restructuring. that means, we bel

they're still using cobalt. if you don't know what that is, we can explain later. talk about antiques. >> let me foot stop one point that andy made which is the i.t. modernization fund, the idea here is, i'm running a legacy i.t. system. it costs me a lot of money to keep it running. and yet, congress is, you know, understandably reluctant to give me a pot of money to buy something new. they want me to have the same amount of money, run the old thing and replace it with something new and that doesn't work because when you're replacing a big system, you have to spend money to run the old one and build the new one and for some period of time you have to have essentially doubling the money. the idea hopefully is you end up with savings replacing the old one and for a period of time you have double the money and obviously an approximation. the fund is intended to bridge that. it will give agencies what will essentially be a loan to run -- while they pay for the old system with the current budget, it gives them a loan to build the new system and pay it back over time wi

. >> i am stuck at fortran and cobalt. i am confused by the zeroes and ones.media's nightmare. it's slowly happening. do you feel that way, that ten years from now it will be mostly smart tvs with devices like roku? you'll still need broad band but -- it will be a broad band world but maybe not a tv network world. >> absolutely. we are in the middle of a transition where all tv will be streamed. that's how people will watch tv. that is bringing a lot of changes to the industry. all advertising will be streamed. it's going to change the tv ad business quite a bit. bringing new internet technologies to tv advertising and giving consumers a huge amount of choice. as well as more choice, lower prices. >> where you are now. $39.99. what's your next generation roku device? >> we have a whole range of roku players, the new streaming stick is on sale to celebrate national streaming day today. >> the whiskey day is tomorrow. >> yeah. it's national streaming day today, which is the day that you can watch as much tv as you want. so our -- the streaming players are on sal