President Trump targets ending U.S. reliance on Chinese critical minerals by January 2027, but industry leaders warn domestic mining and processing capacity remain insufficient, with China controlling over 80% of rare earth refining and Pentagon projects unlikely to reach meaningful production until 2027–2030.
Bloomberg07/27, 05:02 PM
- 80%
- January 2027
- 2027–2030
Figures as quoted by Bloomberg
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