China Is Losing Its Rare-Earth Grip. The US May Pay the Price.
USAR CEO says Western rare-earth prices are soaring as companies seek China alternatives: a costly premium for US supply-chain independence.
Companies are paying more money to buy rare materials from America instead of China, which helps US companies but costs more overall. When prices go up like this, it shows people really want to depend less on one country—watch if US rare-earth companies can keep up with the demand.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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