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The Pentagon is accelerating efforts to establish a domestic rare earth supply chain for permanent magnets used in key military systems and reduce dependence on China for critical minerals.
Credit: Alamy Stock Photo
The Pentagon has stepped up efforts to develop a domestic rare earth supply chain for permanent magnets used in key defense systems, the company said in a March 11 news release. The Department of Defense has committed $439 million to support domestic rare earth production initiatives through 2020.
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Pentagon Accelerating Development of Rare Earths Supply Chain Published in Aerospace Daily & Defense ReportAviation Week Intelligence Network (AWIN) Market Brief and your AWIN membership included.
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