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Pentagon Eyes Unprecedented 75-Year Deal to End China's Rare Earth Stranglehold

The nonbinding deal gives the Army a possible 75-year lease and first access to dysprosium and terbium production, officials said.

Summary by Oil Price
The U.S. Army wants first dibs on American-produced heavy rare earths, and REalloys (NASDAQ: ALOY) has just signed a landmark nonbinding term sheet that could put it at the top of the military's supply chain list. And the terms are extraordinary. The term sheet proposes a potential 75-year operating lease on approximately 200 acres at Tooele Army Depot in Utah, where REalloys would build and operate a facility processing dysprosium and terbium, …

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US report: Dependence on China for rare earths threatens US arsenal editor03 Tue, 11/03/2026 - 21:43 A report by the Special Competitive Studies Project, a think tank led by former Google CEO Eric Schmidt, highlights the intense concern about the security and production rates of the US defense industry. Exclude from news feed Off Live Description Off

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The consequences of the US defense industrial base's dependence on China for the supply of critical rare earth minerals are highlighted by a think tank report led by the former CEO of… The Pentagon "hostage" by China: The rare earths that "threaten" the US war machine - NAVAL TRADE

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Naftemporiki broke the news on Tuesday, November 3, 2026.
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