US bets billions of dollars on unproven groups in rare earths deals
Companies with financial ties to Trump administration figures win major funding deals in push for crucial metals
Companies with financial ties to Trump administration figures win major funding deals in push for crucial metals

Trump administration plans to set price floors, create strategic minerals reserve and take equity stakes

These metals have become the plaything of the US-China trade war

US and allies seek to kick-start production of critical minerals outside China

Washington to invest in USA Rare Earth as bank run by Howard Lutnick’s sons advises group on separate fundraising

Abundant but largely untapped rare earth deposits could offer leverage as diplomatic ties improve

A worthy goal of creating rare earths independence from China needs a more reliable anchor