The Pentagon has launched an effort to procure up to $1bn worth of critical minerals as part of a stockpiling program to counter Chinese control of materials essential to defense manufacturing.
The initiative challenges Chinese dominance of the supply chain for metals essential to the defense industry, with the Pentagon's Defense Logistics Agency revealing the scope of the procurement drive in recent months.
The Trump administration's initiative challenges Chinese dominance of supply chain for metals essential to defence industry
Author's summary: Pentagon launches $1bn mineral stockpile.