A New U.S. Facility Could Break China’s Grip on Critical Materials
View original at finance.yahoo.comA New U.S…
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Washington may have only two months of critical rare-earth inventories available for defense manufacturing if supply disruptions deepen
60% confidenceIn the last 10 to 15 years, the majority of the upstream and midstream supply chain for rare earth has been controlled by China
60% confidenceRare earths are essential components in almost all modern products, either directly or in their production
60% confidenceIf China said we're not going to give you rare earths, that means no F-35s, no missiles
60% confidenceSuppliers to U.S. aerospace and semiconductor companies have started turning away customers due to tightening rare earth material supplies
60% confidenceIn the last 10 to 15 years, China has controlled the majority of upstream and midstream rare earth supply chain
60% confidenceSuppliers to U.S. aerospace and semiconductor companies have started turning away some customers as supplies of niche rare earth materials tighten
60% confidenceIf China stopped supplying rare earths, the U.S. would be unable to produce F-35s or missiles
60% confidenceAlmost everything you can point to either has rare earths in it to make it work or was produced by something that had rare earths in it to be able to produce that article
60% confidenceWashington may have only two months of critical rare-earth inventories available for defense manufacturing if supply disruptions deepen
60% confidence
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