Led by the Department of Defense, the plan guarantees subsidies to US miner MP Materials, signals a new benchmark in global rare earth pricing, and gives Washington a stake in the critical mineral supply chain. The move marks a bold shift from market dependence to state backed industrial policy.

US planned to break China’s rare earth dominance with new pricing system: Details here

By transforming a once chaotic rare earth sector into a state controlled powerhouse, China now wields strategic control over materials vital to EVs, wind turbines, and electronics, intensifying global dependence amid rising trade tensions.

How China turned rare earths into a powerful geopolitical tool

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US planned to break China’s rare earth dominance with new pricing system: Details here

How China turned rare earths into a powerful geopolitical tool