MarketPulse

China dependency

4 articles
BenzingaBenzinga··Charles Kennedy

Pentagon's Drone Expansion Hinges on Breaking China's Rare Earth Magnet Stranglehold

China controls 98% of rare earth magnet production, threatening Pentagon's plan to scale military drone production from 30,000 to 300,000 units by 2027.
BABApALMTRTXNOC+1military modernizationdefense procurement
BenzingaBenzinga··Michael Kern

China's Stranglehold on Rare Earths Forces Pentagon to Overhaul Defense Supply Chain

China controls 90% of rare earth production critical for U.S. defense systems. A 2027 deadline forces contractors to find domestic alternatives amid supply shortages and premium pricing.
BABApALMTRTXNOC+2supply chainPentagon
The Motley FoolThe Motley Fool··Courtney Carlsen

Critical Metals Secures Greenland Rare Earth Jackpot with $120M U.S. Backing

Critical Metals gains 92.5% control of Greenland's Tanbreez rare earth deposit with $120M U.S. backing, targeting production by late 2028.
CRMLCRMLWrenewable energynational security
BenzingaBenzinga··Charles Kennedy

REalloys Bets on U.S. Rare Earth Independence as Pentagon Tightens Chinese Supply Grip

REalloys builds U.S. rare earth magnet supply to meet Pentagon's 2027 Chinese supply ban and tripling global demand through 2035, targeting $20-30B market.
MSFTAAPLWDCGMALOYsupply chaindefense contractors