The US Needs to Hasten Its Rare-Earth Independence

The US Needs to Hasten Its Rare-Earth Independence

US manufacturing may now be at its most vulnerable after decades of ceding crucial mining and production activities to China in the pursuit of low costs and higher company profits, and robust government support will be needed to narrow the time for securing the manufacturing supply chain.

Bessent: Warp speed-type plan for US rare earth independence

Bessent said they will execute a “warp speed”-style acceleration of US’s rare earth, anchored on 15% MP Materials stake, Intel equity.