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Mining Summit 2024: Perth's high-fliers turn out to toast Financial Review's Mining Summit

US on track to establish domestic rare earths supply chain for defence, official says

The United States is on track to establish a domestic rare earths supply chain to meet its defence needs by 2027, a senior defence official said on Wednesday. The U.S has been driving.

US on track to establish domestic rare earths supply chain to meet defence needs by 2027

The US has been driving the build-out of a global supply chain for rare earth, metals used in magnets for green energy industries and defence, beyond dominant producer China since COVID upended global supply chains early this decade.

Chinese Profits From Rare Earth Metals Decline

The Rare Earths MMI saw a shocking rebound this past month, even as profits from the sale of rare earth metals decline in China and Australia.

China's Rare Earth Dominance Faces Challenges As Global Supply Chain Shifts

The rare earth metals market is experiencing a downturn, with Chinese profits declining and Lynas Rare Earths tightening costs due to falling demand.