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The US Department of Defense has signed a $120mn deal with Australiaâs Lynas Rare Earths to build one of the first US domestic heavy rare earths separation facilities, part of Washingtonâs push to counter Chinaâs dominance of critical mineral supply chains. Rare earth elements are vital to making magnets used in military equipment such as lasers and guidance systems, as well as components in electric vehicles, wind turbines, fibre optic cables and consumer electronics. China is re...
>>> Read more: Pentagon bankrolls rare earths plant as US plays catch-up to China
>>> Read more: Pentagon bankrolls rare earths plant as US plays catch-up to China
