US Bets $19.3M on Rare Earths to Break China Grip
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- China controls over 60% of global rare earth mining and 90% of processing, creating a dangerous dependency for US industries.
- The funded project aims to demonstrate scalable separation methods that bypass China's dominant chemical processing infrastructure.
- Success could reduce US reliance on Chinese imports by 20% within five years.
China controls over 60% of global rare earth mining and 90% of processing, creating a dangerous dependency for US industries. The funded project aims to demonstrate scalable separation methods that bypass China's dominant chemical processing infrastructure. Success could reduce US reliance on Chinese imports by 20% within five years.
The $19. 3M grant targets a single demonstration facility, but the real prize lies in commercial replication. If proven viable, this technology could attract private capital to build multiple processing plants across the US.
Rare earths are essential for electric vehicle motors, wind turbines, and military systems like F-35 jets and missile guidance. Current US processing capacity is virtually zero, forcing companies to ship raw ore to China for refinement. This project aims to break that cycle and create a domestic supply chain.
Power Move: The $19.3M bet is small but symbolic: Washington is finally treating rare earths as a national security priority. Expect follow-on investments and accelerated permitting for processing facilities, with the goal of a fully domestic supply chain by 2030. Companies in separation technology will see surging strategic value.
This article was edited with AI assistance for readability. Read original here.
