multi source·2h ago·2 sources analyzed
China's Control of Rare Earths and Its Global Impact
China's influence over rare earth minerals is significant for both daily life and defense. Recent legislative efforts aim to address this dependency. (sources: foxnews, bloomberg, nytimes)
ModernAction Briefing
The U.S. is taking steps to counter China's dominance in rare earth mining and refining. Legislative measures and Pentagon initiatives are being developed to address supply chain vulnerabilities.
- The DOMINANCE Act has passed committee, aiming to reduce reliance on China for rare earth minerals.
- The Pentagon has established a team to challenge China's control over rare earth resources.
- China is considering extending a temporary postponement of stricter export controls on rare earths.
Why it matters
China's control over rare earths has implications for U.S. economic and national security.
Action context
No specific legislation identified for action yet.