Ucore Rare Metals Inc (UURAF)

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U.S. Falters in Bid to Replace Chinese Rare Earths

Despite new legislation, Washington won’t be delivering critical minerals needed for defense, high tech, and energy.

By Keith Johnson, Robbie Gramer | May 25, 2020, 7:00 AM

Rising tensions with China and the race to repatriate supply chains in the wake of the COVID-19 pandemic have given fresh impetus to U.S. efforts to launch a renaissance in rare earths, the critical minerals at the heart of high technology, clean energy, and especially high-end U.S. defense platforms.

But it’s not going well, despite a slew of new bills and government initiatives aimed at rebuilding a soup-to-nuts rare-earth supply chain in the United States that would, after decades of growing reliance on China and other foreign suppliers, restore U.S. self-reliance in a vital sector.


Read more at:
https://foreignpolicy.com/2020/05/25/china-trump-trade-supply-chain-rare-earth-minerals-mining-pandemic-tensions/