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U.S. continues push for domestic rare earths supply

by Greg Klein | July 23, 2019

Five presidential memos issued July 22 further show American commitment to develop rare earths deposits and supply chains unbeholden to China. Under Section 303 of the U.S. Defense Production Act, Donald Trump formally declared production capability for a number of critical elements to be essential for national defence:

U.S. continues push for domestic rare earths supply

  • separation and processing of heavy rare earth elements

  • separation and processing of light rare earth elements

  • neodymium-iron-boron-rare earth sintered material and permanent magnets

  • samarium-cobalt-rare earth permanent magnets

  • rare earth metals and alloys

Without presidential action under section 303, Trump stated, American industry “cannot reasonably be expected to provide the production capability [for these elements] adequately and in a timely manner. Further, purchases, purchase commitments or other action pursuant to section 303 of the act are the most cost-effective, expedient and practical alternative method for meeting the need for this critical capability.”

One week earlier the U.S. reportedly began an inventory of rare earth deposits and facilities, asking that companies respond to a Request for Information by July 31, “a short time frame that underscores the Pentagon’s urgency,” according to Reuters.

With China supplying 93% of U.S. rare earths supply for these defence necessities, military dependency on a geopolitical rival has given REEs top priority out of an official list of 35 critical minerals. In June, after the U.S. unveiled a new critical minerals strategy calling for closer co-operation with allies, Trump and Prime Minister Justin Trudeau agreed “to develop a joint action plan on critical minerals collaboration,” according to another Reuters report.

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