Trump may need to allow Chinese minerals as US industry struggles to meet 2027 deadline
Industry executives say U.S. miners and processors are far from meeting demand, with China still controlling more than 80% of the refining sector.
7 Articles
7 Articles
The efforts of US President Donald Trump to put an end to Washington's dependence on critical minerals from China until January are hit by a tough reality: American mining and processing companies are not ready. From its return to power, Trump has made the exploitation and processing of critical minerals in the US a national security priority, investing tens of billions of dollars in nearly 150 companies in the mining sector to weaken China's gr…
Amid U.S. President Donald Trump's move to block the purchase of key Chinese minerals used in manufacturing starting next year, predictions are emerging that the plan could face setbacks due to the woefully inadequate U.S. mineral production capacity. Under federal regulations, U.S. defense contractors and manufacturers are unable to purchase rare earth elements, magnets, tungsten, molybdenum, and tantalum from China, Russia, Iran, and North Kor…
Trump may need to allow Chinese minerals as US industry struggles to meet 2027 deadline
U.S. President Donald Trump's push to end Washington's reliance on Chinese critical minerals by January is colliding with a stark reality: American miners and processors aren't ready.
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