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-0.00184268462955917 -0.00228037694061826 -0.00862691545097623 -0.0114719154728609 -0.026791146359932 -0.0195692232274555 -0.0042499923403846 0.00319077694762139
Stock impact report

Washington looks to rebuild critical mineral supply for everything from jet engines to smartphones [Los Angeles Times (CA)]

USA Rare Earth, Inc. (USAR) 
against China's tactic of flooding the market to undermine any potential competitors. Vice President JD Vance said Wednesday that the trade war over the past year exposed how dependent most countries are on the critical minerals that China has a stranglehold on. “We want members to form a trading bloc among allies and partners, one that guarantees American access to American industrial might while also expanding production across the entire zone,” Vance said at a meeting of foreign ministers at the State Department. “What is before all of us is an opportunity at self-reliance that we never have to rely on anybody else except for each other, for the critical minerals necessary to sustain our industries and to sustain growth.” Critical minerals are needed for everything from jet engines to smartphones. China dominates the market for those ingredients crucial to high-tech products. “I think a lot of us have learned the hard way in some ways over the last year, how much our econ Show less Read more
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