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"U.S. Moving Fast To Secure Access To Critical Minerals To Counter China's Dominance Of Market, Pentagon Says" - CNBC

Benzinga·07/15/2025 17:30:44
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https://www.cnbc.com/2025/07/15/us-pentagon-defense-department-rare-earth-critical-mineral-mp-materials.html

  • The Defense Department last week agreed to buy a direct equity stake in MP Materials, which operates the only rare earth mine in the U.S.
  • The Pentagon is taking immediate action to find opportunities to boost critical mineral production, a defense official told CNBC when asked whether it would make investments in other miners.