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Driving domestic production of critical materials and rare earth elements

Resilinc

In 2002, after the only major U.S. REE supplier, California’s Mountain Pass mining company, went bankrupt, the federal government and U.S. MP is investing refining capacity at its California mine and a Fort Worth, TX, facility that will supply “U.S.-sourced And they’re also notoriously difficult and toxic to mine and refine.

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A vision for a transparent global Rare Earth Element system using blockchain technology

Provenance

China’s low prices have historically undercut global prices and pushed out foreign competitors –– such as the Mountain Pass mine in California, which closed in 2002. Since the 1990s, China has supplied the lion’s share of the world’s demand for REEs. Table 1: Policy intervention types and descriptions.