US may cut dependence on China rare earths by 2028, CEO says � but at what cost

INSUBCONTINENT EXCLUSIVE:
The United States is scrambling to reduce its dependence on rare earths from China, with the Pentagon splashing out US$400 million on
Thursday to become the largest shareholder in American miner MP Materials. While some say the move will help wean the US off the Chinese
supply, a senior American industry executive has warned that a variety of hurdles face US and European mining efforts – from securing the
necessary midstream technology to obtaining government permits for what can be a highly...