121 - Rare Earth Elements: The Futile Fight Against China
The Red Line
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Securing the Supply Chain of Rare Earth Elements
This chapter explores the importance of rare earth elements like cerium and lanthanum in various industries including defense, highlighting the need for Western countries to establish alternative supply chains to reduce dependency on China. Discussions also cover the challenges of building a domestic rare earth industry, the implications of manufacturing in the US versus overseas, and the potential benefits and drawbacks of buying rare earth elements from the US or its allies. The chapter also delves into combating smuggling, investing in domestic production, and the government's role in protecting supply chains.
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