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U.S. Plans to Spend Big on Critical Minerals; Choosing Where Isn’t Easy

The Wall Street Journal‘s Alistair MacDonald reports on the many ventures that the U.S. is pursuing in order to establish a secure domestic supply chain of critical minerals.

The C3 Take
  • The United States is investing heavily in a secure supply chain of critical minerals but is facing challenges on where and how to harvest these minerals.
  • China currently controls a majority share of mining and processing of critical minerals.
  • One step that the federal government could take to help secure a domestic supply chain would be streamlining regulations for mineral mines.
  • Establishing a secure supply chain that is not reliant on China is important for our energy future and for national security.

“The U.S. has pumped millions of dollars into researching how to extract rare-earth minerals from abandoned coal fields, an approach some say won’t work. The Pentagon has invested in a U.S.-based rare-earth magnets manufacturer that sources many of its products from China.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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