U.S. moving fast to secure access to critical minerals to counter China's dominance of market, Pentagon says

cnbc.com/2025/07/15/us-pentagon-defense-department-rare-earth-critical-mineral-mp-materials.html

The Pentagon is taking immediate action to boost critical mineral production in the U.S. and counter China's dominance of the supply chain for rare earth magnets, a defense official told CNBC on Tuesday.
The Defense Department last week agreed to buy a direct equity stake in MP…

This story appeared on cnbc.com, 2025-07-15 17:24:25.
The Entire Business World on a Single Page. Free to Use →