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25.04.25 - 05:45
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US Can Produce Rare Earths If China Stops Exports - But There′s A Catch (ZeroHedge)
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US Can Produce Rare Earths If China Stops Exports - But There's A Catch
Authored by John Haughey via The Epoch Times (emphasis ours),
It could take up to five years to develop a domestic supply chain to supplant China's global monopoly in processing rare earths into materials needed to produce everything from iPhones to F-35 fighter jets.
An aerial view of the MP Materials' mine in Mountain Pass, Calif., in 2024. MP Materials via AP
While the United States has most of the 17 rare earth elements and 50 critical minerals underground, it has no industrial capacity to refine them into processed metals and magnets, according to Melissa “Mel” Sanderson, American Rare Earths board member and Critical Minerals Institute co-chair.
“Currently in the United States, we have zero magnet manufacturers,” Sanderson told The Epoch Times.
She said that's why China imposed export restrictions on seven “heavy” rare earth elements on April 4 in response to President Donald Trump's April 2 tariff a...
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23.01.25 - 14:36
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American Rare Earths Updates Shareholders (GlobeNewswire EN)
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SYDNEY, Jan. 23, 2025 (GLOBE NEWSWIRE) -- 2024 has been a transformative year for American Rare Earths (ARR), positioning us as a leader in reshaping the U.S. rare earths industry. The re-election of President Trump underscores the United States' renewed focus on securing domestic critical mineral supply chains, a priority for national defense, economic security, and technological advancement. America's reliance on imports—predominantly from China—poses significant risks....
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