Pentagon Looks To Break China’s Monopoly On Rare Earth Minerals

The Pentagon is scrambling to find a way to develop the United States’ rare earths mining capability as the trade war with China threatens to disrupt the flow of the critical minerals to the United States, according to a Reuters exclusive. At present, about 85% the world’s rare earths mining and refining capacity is in China, and because of this, the United States finds itself in a risky position. This position was made even risker when just weeks ago, China threatened to restrict rare earths exports to the United States. If that happened,…