US EditionTrump administration is investing in US rare earths in a push to break China's grip
The U.S. government is investing billions to support domestic rare earth production and reduce reliance on China, with Pentagon funding surpassing $439 million since 2020.
- Congress's spending bill this year includes $2 billion for the Pentagon and $5 billion through 2029 to back critical-minerals supply chains, with the Pentagon investing $400 million in MP Materials as the White House prioritizes domestic revival.
- Longstanding dependence on foreign minerals means U.S. faces national security risks, with officials warning reliance on 50 minerals, including 17 rare-earth elements, threatens supply chains.
- As plants scale up, a plant south of Austin aims for 2,000 tons annually and USA Rare Earth targets about 600 tons next year, yet analysts say domestic output still falls far short of demand.
- This month the government provided a $150 million loan to a U.S. magnet maker and the Pentagon backed exploration funding, including up to $10 million for NioCorp, while pursuing foreign access and import investigations.
- U.S. production is set to expand in the coming years, but experts say the U.S. still needs an arrangement with China for supplies despite doubts about its durability.
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51 Articles
Trump Plans To Invest Billions In US Rare Earths To Cut China's Grip
US production of crucial components in electric vehicles, smartphones and fighter jets is set to expand rapidly in the coming years, as the Trump administration intensifies efforts to build up the critical mineral industry in the US.
·New Delhi, India
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Coverage Details
Total News Sources51
Leaning Left7Leaning Right7Center23Last UpdatedBias Distribution62% Center
Bias Distribution
- 62% of the sources are Center
62% Center
L 19%
C 62%
R 19%
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