fromwww.theguardian.com
2 days agoInside Trump's scramble to reduce US dependence on Chinese rare-earth metals
Scott Bessent, the US treasury secretary, returned from South Carolina last week brandishing a small piece of metal, proclaiming that it was the first rare-earth magnet made in the US in a quarter of a century. It was, he indicated to Fox Business, proof that the US is ending China's chokehold on our supply chain. Thanks to the South Carolina company eVAC's new rare-earth mineral processing center, Bessent added: We're finally becoming independent again.
US politics