Exclusive News: The United States will adopt special strategies to rapidly increase rare earth production, aiming to curb China -- Report
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U.S. White House officials met with representatives from technology and rare earth companies to discuss strategies for increasing rare earth production, aiming to curb China's market dominance. The meeting was hosted by Navarro and Copley and involved companies such as Apple and Microsoft. Officials stated that they would implement measures similar to those during the pandemic, setting a price floor for rare earths to attract investment and enhance supply chain security. Rare earths are widely used in high-tech and defense sectors, and the government hopes to rapidly increase production, emulating the speed of COVID-19 vaccine development
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