Bessent says new rare-earth factory will cut costs, break China’s 'chokehold' on industry

foxbusiness.com/economy/bessent-says-new-rare-earth-factory-cut-costs-break-chinas-chokehold-industry

Treasury Secretary Scott Bessent told FOX Business' Edward Lawrence that South Carolina’s new rare earth mineral processing center will help cut costs and break China’s "chokehold" on industry.
In an exclusive sit-down interview, Bessent said that the plant marked a manufacturing…

This story appeared on foxbusiness.com, 2025-11-07 15:31:03.
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