Summary
China has set new rules to limit the export of rare-earth elements, which are important materials used in many technologies. The U.S. is taking steps to reduce its dependence on these materials from China by increasing its own production and working with other countries. President Trump and his administration have made efforts to strengthen the U.S. rare-earth supply chain, viewing it as a national security priority.
Key Facts
- China announced restrictions on exporting rare-earth elements and technology related to their processing.
- Rare-earths are a group of 17 metals used in technologies like electric cars and radar systems.
- China produces more than two-thirds of the world's rare-earth elements.
- The U.S. Pentagon has invested $400 million in MP Materials to boost American rare-earth production.
- President Trump signed an order to speed up U.S. mining projects and opened more federal lands for mineral production.
- The Pentagon is funding Lynas Rare Earths to expand rare-earth refining in Texas.
- A review by President Biden highlighted weaknesses in U.S. mineral supply chains and suggested partnering with other countries.
