Published on
Jul 10, 2025
Magnets, missiles and mines: How MP Materials became the Pentagon’s secret rare earths weapon for next-gen arms
The US government is stepping in to stop a quiet but serious chokehold: China controls about 70% of the world’s rare earth mining and 90% of the refining capacity. These minerals — like neodymium and praseodymium — sit inside the permanent magnets that …
Source:
The Economic Times
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