The United States has committed $62
US development finance agency commits $62.8 million to rare-earth mining in four African countries as private investors remain cautious. China's supply-chain control and project de-risking needs prompt public intervention; rare earths critical for EV, wind and defense tech.
The DFC committed $62.8M to rare earth projects in four African nations, stepping in where private investors refuse to go amid China dominance
The US International Development Finance Corp has committed $62.8 million to rare-earth projects in Malawi, Angola, Madagascar and South Africa, though none has so far reached production, Reuters reported on Wednesday.
The US International Development Finance Corp has committed $62.8 million to rare-earth projects in Malawi, Angola, Madagascar and South Africa, though none has so far reached…