Skip to main content
See every side of every news story
Published loading...Updated

US faces new pressure to build weapons without China’s rare earth magnets

Phoenix Tailings has 200 kilograms of annual capacity and a $500 million Pentagon loan as U.S. plants race to replace China-linked supply.

  • Global rare-earth supply chains are expanding, challenging China's long-standing control over critical minerals essential for defense and technology industries worldwide.
  • Beijing historically controlled roughly 80% of global mine supply and weaponized export controls during the April 2025 trade war, forcing the U.S. government to reconsider its strategy.
  • Phoenix Tailings is expanding domestic processing with a $500 million Pentagon loan, aiming to build a new factory within 14 to 18 months to extract critical elements.
  • President Donald Trump issued an executive order on July 20 mandating defense contractors source critical materials domestically or from allied nations, curtailing Pentagon waiver authority.
  • Geological discoveries across continents—including Brazil and Vietnam—are fostering a diverse global industry that may render China's export restrictions ineffective as critical elements become more abundant.
Insights by Ground AI

51 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 57% of the sources are Center
57% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Bloomberg broke the news in New York, United States on Sunday, August 2, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal