US faces new pressure to build weapons without China’s rare earth magnets
The U.S. is under pressure to secure rare earth minerals as tensions rise with China. The Pentagon aims to reduce dependence on Chinese production, while Phoenix Tailings is investing $500 million in a facility to enhance domestic supply. M...
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The U.S. is under pressure to secure rare earth minerals as tensions rise with China. The Pentagon aims to reduce dependence on Chinese production, while Phoenix Tailings is investing $500 million in a facility to enhance domestic supply. Military contractors will also face stricter sourcing rules as defense needs increase.
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