Spotlight on American Rare Earths, page-4469

Good points rthek,,,,,,
Only the U.S. Department of Defense seems to have recognized this. It has “invested” not only in rare earth separation, but also in the domestic production of rare earth permanent magnets from domestic materials for its own needs. However this “supply chain deficit awareness” is not universal in the governments of the West.Only one U.S. mine is producing rare earths. There are only two disclosed operational rare earth separation plants in the US (China has 100s!). There are no commercial rare earth metal or alloy plants in the U.S. And the only credible magnet plant under construction in the USA is dedicated to supplyinhg the US military if and only if it can get domestic or friendly nation supplies of rare earths that can then be processed into rare earth permanent magnet alloys in the U.S.We need to know exactly who is doing what and at what level they are doing it to create a domestic American rare earth permanent magnet supply chain. QUOTE


https://investornews.com/critical-minerals-rare-earths/jack-lifton-debunks-media-myth-lower-ev-demand-doesnt-correlate-with-permanent-magnet-demand/