Published: Oct 13, 2025, 23:21 IST | Updated: Oct 13, 2025, 23:21 IST
The Pentagon has launched a major drive to secure key minerals that power America’s defence industry, in what appears to be a direct response to China’s tightening control over global rare earth supplies. The U.S. plans to spend as much as $1 billion to stockpile critical rare earths.