U.S. Backs Madagascar’s Rare Earths Project
The Trump administration has opened another front in the global rare earths race, backing a new project in Madagascar as Washington accelerates efforts to break China’s grip on the critical minerals that power everything from advanced weapons and AI infrastructure to oil refining and electric vehicl
Source: OilPrice.com
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DW NOTE
The U.S. doesn't mine rare earths at scale because it decided decades ago that environmental regulations matter more than supply chains. Now it's underwriting Madagascar's deposits instead — which means American tech companies will depend on a country with a GDP smaller than Vermont's and a 20-year history of coups for the magnets that run everything from F-35s to iPhones.