Pentagon talks10 Jun 2019 16:04
Breaking - 13 Minutes ago
Chinese Exports of Rare Earth Minerals Drop Like a Rock Amid Escalating Trade War With US
Officials from the Pentagon and the US Department of Commerce indicated that they were looking to make deals with other rare earth producers worldwide in a bid to reduce the US reliance on Chinese supplies of the strategic minerals.
The Pentagon indicated that it was engaged in talks with several rare earth miners around the world, including Malawi's Mkango Resources Ltd and Burundi's Rainbow Rare Earth Ltd, in a bid to reduce reliance on Chinese supplies. Also last week, the Department of Commerce outlined a host of measures aimed at reducing the US' "strategic vulnerabilities" caused by its dependence on imports from China.