The Mineral Bill Comes Due in 2028

The Mineral Bill Comes Due in 2028

Washington has been busy signing deals to secure America’s rare earth supply, but none of it will be ready before 2028. That gap is a cost passed on to whoever wasn’t at the table when the strategy was designed. Automakers have already cut production over magnet shortages, and rare earth prices outside China have climbed as high as six times Chinese levels, a cost that could reach car and appliance buyers if the supply crunch deepens. Soon after…