US-China deal, and more DoD money will not loosen China’s grip on military-grade rare earths magnets | News World

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Rare earths have been in the news lately, with a deal between the United States and China regarding the 17 elements on the Period Table, followed by a plan the Trump administration is developing to prioritize and fund rare earth projects it deems critical to national security.

According to a June 12 story by Bloomberg, Officials are discussing using the Defense Production Act to tap financing, loans and other means for rare earths element-related projects, including mining, processing and other downstream technologies to bolster the US’s capability to build a domestic supply chain, the people said. A specific course…more
Source www.mining.com

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