The United States government is implementing unconventional strategies to secure vital rare earth mineral supplies due to China's dominant control over exports, which poses a risk to global industries. These measures include taking stakes in mining companies, discussing the creation of a strategic reserve, and offering support to domestic producers through price controls and tariffs. The U.S. has also announced significant investments to develop its own mineral sources.
While some experts commend the administration's proactive approach to lessen dependence on China, they also warn that these actions may not offer an immediate solution to... download the app to read more
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