The Next Fort Knox? Why the Army is Going All-In On Rare Earths

The Next Fort Knox? Why the Army is Going All-In On Rare Earths

In 1937, the Army guarded the first shipments of a critical resource, U.S. gold, as it was transferred into Fort Knox. Nearly 90 years later, Washington faces a similar situation with a very different resource. The Army picked REalloys (NASDAQ: ALOY) to build a facility to process dysprosium and terbium at Utah’s Tooele Army Depot - two rare earths that keep high-performance magnets working in weapons, radar, sonar and electric motors. Gold went…

US backs $150 million rare earths project to counter China

The State Department says Madagascar fits Washington’s strategy to expand US-aligned investment in critical minerals The US is backing a $150 million rare earths project in Madagascar as part of a wider strategy to expand Washington’s role in Africa’s critical-minerals sector and reduce reliance on China-dominated supply chains, Reuters has reported, citing a State Department...

US backs $150 million rare earths project to counter China - The Press United

The State Department says Madagascar fits Washington’s strategy to expand US-aligned investment in critical minerals The US is backing a $150 million rare earths project in Madagascar as part of a wider strategy to expand Washington’s role in Africa’s critical-minerals sector and reduce reliance on China-dominated supply chains, Reuters has reported, citing a State Department […] The post US backs $150 million rare earths project to counter Chin…

US Backs Madagascar Rare Earths Project in Push to Loosen China's Supply Chain Grip - Energy News, Top Headlines, Commentaries, Features & Events

By Maxwell Akalaare Adombila State Department says project is part of US push against rivals’ supply chain control Deposit contains elements used to make magnets vital for EVs, electronics and defence systems Harena targets mid-2028 startup and weighs US, European refining partnerships DAKAR, July 28 (Reuters) – The U.S. is backing the Ampasindava rare earths ...

US backs Madagascar rare earths project with $4.84M to chip away at China's mineral dominance

The US investment in Madagascar's rare earths project signals a strategic shift to diversify mineral sources, challenging China's dominance. The post US backs Madagascar rare earths project with $4.84M to chip away at China’s mineral dominance appeared first on Crypto Briefing.