https://source.benchmarkminerals.com/article/geopolitics-to-drive-rare-earth-supply-diversification
Supply growth is expected outside China in spite of a weak pricing environment, supported by bullish demand prospects and the strategic importance of developing an ex-China rare earth supply chain.The US, in particular, is seeking to develop a rare earths supply chain independent of China – providing financing for ex-China projects through the Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BLI).
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