US Army eyes 75-year rare earth lease to break China's dysprosium, terbium grip
Published 11 h ago3 sourcesEvidence: Reported
Norway's Fensfeltet rare earth project, backed by a 250 million investment, aims to reduce Western dependence on Chinese rare earth exports. China has increasingly used export controls on critical minerals as a geopolitical tool, making this a strategic countermeasure. The project's timeline and output remain uncertain, but it signals a shift in Western supply-chain strategy.
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