Summary
The United States is trying to strengthen its ability to get rare earth elements as China controls much of the supply. These elements are important for the U.S. economy and defense, and a factory in North Carolina will help process them domestically.
Key Facts
- The U.S. is working on securing its supply of rare earth elements.
- China currently supplies most of the world's rare earth elements.
- Rare earth elements are essential for U.S. economic competitiveness.
- These elements are also important for national defense.
- A factory in North Carolina aims to process rare earth elements within the U.S.
- This effort is part of a response to the ongoing trade tensions with China.