Pentagon Plans $1 Billion Critical Minerals Stockpile to Counter China
TL;DR Summary
The Pentagon plans to purchase up to $1 billion in critical minerals, including cobalt, antimony, and tantalum, to stockpile amid China's recent export controls on rare earths and key materials, which are vital for defense and technology manufacturing. This move is part of broader geopolitical tensions, with the US responding to China's dominance in rare earth production and recent trade threats from the US.
- Pentagon Looking to Buy $1 Billion in Critical Minerals, FT Says Bloomberg.com
- Pentagon steps up stockpiling of critical minerals with $1bn buying spree Financial Times
- Pentagon moves to build $1 billion critical minerals stockpile to counter China — report Mining.com
- Recycling Rare Earth Minerals Can Address Military Demand Forbes
- Pentagon seeks to replenish rare earth reserves worth $1 billion — FT Ukrinform
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