Why it’s nearly impossible for America to meet its rare-earth needs after China’s export restrictions - MarketWatch
1. China restricts export of seven rare-earth elements critical for U.S. defense. 2. U.S. lacks capacity to produce restricted materials domestically, heightening vulnerability. 3. Immediate supply disruptions expected due to licensing changes in China. 4. U.S. will need up to 10 years to produce heavy rare earths independently. 5. Price increases anticipated for consumer products dependent on rare earths.