Bloomberg Businessweek Weekend - May 23rd, 2025
Bloomberg Businessweek
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Revitalizing Rare Earth Supply Chains
This chapter explores the critical need to refine rare earth materials domestically, focusing on the Mountain Pass facility and its extension into Texas. It emphasizes collaborative efforts to reduce reliance on China and secure the U.S.'s position in global markets, while also addressing national security concerns related to supply chain vulnerabilities. The chapter highlights recent partnerships, including an MOU with a Saudi mining company, aiming to create a robust and sustainable production ecosystem for rare earth magnets.
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