Rare-earth metals
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X @The Economist
The Economist· 2025-07-20 22:40
Investment & Stake - Department of Defence acquired a 15% stake in MP Materials for $400 million [1] - The acquisition makes the Department of Defence the largest shareholder in MP Materials [1] Company Profile - MP Materials is the country's sole producer of rare-earth metals [1]
X @The Economist
The Economist· 2025-07-18 23:00
Rare Earth Dependence - America relies on China for approximately 80% of its rare-earth products [1] - This dependence gives China a significant chokehold over various industries [1] Government Strategy - The US government is investing heavily in America's only rare-earth metal producer to reduce reliance on China [1]