Business News | Amid tussle with China, US turns to domestic rare earth supply chain — with $1.6 bn boost
By Firstpost-Business
The Trump administration is set to acquire a 10 per cent stake in USA Rare Earth as part of a $1.6 billion investment package, signalling Washington’s growing willingness to deploy state capital to counter China’s dominance in rare earth processing and secure supply chains vital for defence, artificial intelligence and clean energy technologies
