Gracelin Baskaran, director of the critical minerals security program at the Center for Strategic and International Studies, said that while the US has made 'unprecedented' moves to invest billions of dollars in rare earths infrastructure to compete with China, it is still a long term process as investment grows and technology gets more advanced. (Source: Bloomberg)
Gracelin Baskaran, director of the critical minerals security program at the Center for Strategic and International Studies, said that while the US has made 'unprecedented' moves to invest billions of dollars in rare earths infrastructure to compete with China, it is still a long term process as investment grows and technology gets more advanced. (Source: Bloomberg)
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China has imposed export controls against two US rare earth producers that are part of Washington’s effort to reduce its dependence on Beijing by establishing an alternative supply chain for the critical minerals.
