US lost rare earth processing edge, increasing dependence on China

US lost rare earth processing edge, increasing dependence on China

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This report highlights how decades of relying on cheaper imports caused the US to lose its competitive advantage in rare earth processing. As a result, China has capitalized on this shift, becoming the dominant player in this critical industry. The development underscores ongoing concerns about supply chain vulnerabilities and geopolitical dependencies.

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PRISM scored this story 65/100 for interest.

Originally published by arstechnica