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For decades, the rare earth industry operated in near-total obscurity. Prices were low, supply seemed abundant, and the intricate chemistry required to separate these elements from ore was considered too costly and complex for most Western nations to bother with. China stepped into that vacuum with extraordinary deliberateness, building processing infrastructure, subsidising production, and system

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( June 3, 2026, 15:32 GMT | Official Statement) -- MLex Summary: The US Commerce Department finalized definitive agreements with USA Rare Earth, a US rare earth mineral mining and manufacturing company, to continue to build out heavy rare earth mining projects. The agreements secured up to $1. 6 billion in funding under the CHIPS Act. See attached. . . .

( June 3, 2026, 15:32 GMT | Official Statement) -- MLex Summary: The US Commerce Department finalized definitive agreements with USA Rare Earth, a US rare earth mineral mining and manufacturing company, to continue to build out heavy rare earth mining projects. The agreements secured up to $1. 6 billion in funding under the CHIPS Act. See attached. . . .

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