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Wednesday, May 29, 2019

Eyeing China, Pentagon sends report on rare earth minerals to Congress...DPA getting attention and by all means let's reduce our reliance on China. Waiting on Washington for the stuff that interests us...

as soon as this report is released China is talking about restricting Rare Earth exports to the US accompanied by some pretty raucous sabre-rattling.

Although the Pentagon did not provide details of the report, it said the document was tied to a federal program designed to bolster domestic production capabilities through targeted economic incentives.

“The department recently submitted a Defense Production Act III rare earth mineral report to Congress, demonstrating the department’s continued focus on reliance on China,” Andrews said. reducing reliance on China

https://www.reuters.com/article/us-china-usa-rareearth-pentagon/eyeing-china-pentagon-sends-report-on-rare-earth-minerals-to-congress-idUSKCN1SZ2C6




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