The Wall Street Journal editorial board takes a skeptical look at Washington’s push to invest directly in rare earth companies.
- The editors argue that while breaking China’s grip on rare earths is necessary, government ownership of mining companies risks turning strategic policy into political favoritism and distorting business decisions.
- They suggest the U.S. focus on working with allies, guaranteeing demand, and speeding up permitting to build supply chains without drifting toward a state-run model.
Read more in the Wall Street Journal here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.