Policymakers from Kamala Harris down think the U.S. should build up its critical mineral reserves, but many details remain unclear.
A truck unloads raw ore during the crushing process at the Mountain Pass rare earths mine, operated by MP Materials, in Mountain Pass, California, June 7, 2019. Credit: Joe Buglewicz/Bloomberg via Getty Images
China’s dominance over the supply of many of the critical minerals needed in industries from chipmaking to electric vehicles has long been a headache for politicians in Washington and other major capitals. In the past year, the problem has become even worse.
A flood of Chinese supply has led to record low prices for minerals like lithium, nickel and cobalt, stalling efforts to encourage producers in the U.S. and allied countries like Australia and Canada to build up reliable supplies of the
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