Madagascar rare earths at Ampasindava drew up to US$4.48 million from Washington's development finance agency, in a move aimed at China's grip on magnets.

The Trump administration is expanding its rare earth strategy in Africa, backing a Madagascar project to reduce U.S. dependence on China's dominance of critical minerals.

Madagascar rare earths at Ampasindava drew up to US$4.48 million from Washington's development finance agency, in a move aimed at China's grip on magnets.