President Trump's 2027 deadline to end reliance on Chinese critical minerals faces limited U.S. mining and processing capacity. Analysts say a full domestic supply chain is unlikely before the cutoff.
President Donald Trump's push to end Washington's reliance on Chinese critical minerals by January is colliding with a stark reality: American miners and processors aren't ready.
Magnet blanks, used in the production of neodymium iron boron magnets, are displayed during the grand opening of eVAC’s rare-earth magnet manufacturing facility in Sumter, South Carolina.
A neodymium iron boron magnet sits on display during the grand opening of eVAC’s rare-earth magnet manufacturing facility July 15 in Sumter, South Carolina.
Matt Green, mining/crushing supervisor at MP Materials, displays crushed ore before it is sent to the mill at the MP Materials rare earth mine Jan. 30, 2020, in Mountain Pass, California.
Matt Green, mining/crushing supervisor at MP Materials, displays crushed ore before it is sent to the mill at the MP Materials rare earth mine Jan. 30, 2020, in Mountain Pass, California.
A neodymium iron boron magnet sits on display during the grand opening of eVAC’s rare-earth magnet manufacturing facility July 15 in Sumter, South Carolina.
Magnet blanks, used in the production of neodymium iron boron magnets, are displayed during the grand opening of eVAC’s rare-earth magnet manufacturing facility in Sumter, South Carolina.