America Didn't Lose Its Rare Earth Industry. It Sold It
Markets price for cost. China prices for control. The risk of a rare earths cutoff is asymmetric, and the financing to rebuild American supply should be too.
Summary
The article discusses how America’s rare earth industry was not lost but sold off, highlighting the differences in pricing strategies between the U.S. and China. It also emphasizes the importance of financing to restore American supply chains in light of potential risks.
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