U.S. moving fast to secure access to critical minerals to counter China's dominance of market, Pentagon says
Tuesday, 15 July 2025 ()
The Pentagon is taking immediate action to boost critical mineral production in the U.S. and counter China's dominance of the supply chain for rare earth magnets, a defense official told CNBC on Tuesday. The Defense Department last week agreed to buy a direct equity stake in MP Materials, whichβ¦
|
||||
You Might LikeRelated videos from verified sources
|
||||
![Trump And Xi To Speak Soon Amid Critical Minerals Trade Dispute, Aides Expect Resolution This Week [Video]](https://video.newsserve.net/300/v/20250602/1412655776-Trump-And-Xi-To-Speak-Soon-Amid-Critical.jpg)
