US-China deal, and more DoD money will not loosen China’s grip on military-grade rare earths magnets

Video – US national security impaired by failure to secure specialized military rare-earth magnet deal

Rare earths have been in the news lately, with a deal between the United States and China regarding the 17 elements on the Period Table. China maintains a chokehold on all aspects of rare earths production — from mining to refining/separation to the manufacture of rare earth metals needed for permanent magnets, among other final products. China mines 60% of the world’s rare earths and processes 87% of them.

US-China deal, and more DoD money will not loosen China’s grip on military-grade rare earths magnets

China maintains a chokehold on all aspects of rare earths production.