While somewhat relaxing its concern about uranium, the U.S. appears increasingly worried about rare earths supply. A Reuters exclusive says Washington has begun an inventory to itemize domestic RE projects.
“The Pentagon wants miners to describe plans to develop U.S. rare earths mines and processing facilities, and asked manufacturers to detail their needs for the minerals, according to the document, which is dated June 27,” the news agency reported.
“Responses are required by July 31, a short time frame that underscores the Pentagon’s urgency.” The request mentions the possibility of investment by the military, Reuters added. Continue Reading →