Next Steps for DoD to End U.S. Reliance on China for Rare Earth Elements

Real Clear Defense – In becoming a majority shareholder of MP Materials, the Trump administration demonstrated the salutary thought that no radical free-market orthodoxy should prevent the United States from taking decisive action, including direct investment of taxpayer dollars, to secure domestic sources of industrial materials vital to our national defense.  It is encouraging that Apple, long known for its Chinese assembly operations, followed up with a $100 billion investment in U.S.-based supply chains, including a significant expansion of MP Materials to furnish magnets for Apple production.