President Donald Trump has achieved a significant victory in the ongoing economic contest with China, as the United States has successfully brokered a mineral deal that prioritizes American companies over Chinese reliance for rare earth minerals.
This development marks a strategic shift in the nation's approach to securing these critical resources.
As reported by The Blaze, China, in 2023, imposed a ban on the export of its intellectual property related to rare earth extraction methods, waste separation techniques, and rare earth magnet production technology. These technologies are crucial for industries such as electronics, electric vehicles, drones, and defense systems.
BlazeTV host Sara Gonzales highlighted the gravity of the situation on her show, "Sara Gonzales Unfiltered," stating, It is pretty significant because China produced 60% of the worlds rare earth minerals, nearly 90% of the worlds rare earth processing, and 99.9% of Americas rare earth processing. She further emphasized the strategic implications, noting, And of course, theyre weaponizing that control of all of these rare earth minerals and semiconductors to hurt the United States.
Gonzales criticized the previous administration's inaction, remarking, Its crazy to rely on China for things that we really need. She contrasted this with President Trump's proactive measures, pointing out his executive order from March aimed at establishing the United States as a leader in the production and processing of non-fuel minerals, including rare earth elements. And then you had a half-dead president named Joe Biden who didnt do s**t about any of this. And then enter President Trump, she said.
The Department of Defense's recent investment of $400 million in preferred stock in MP Materials, the sole operator of a rare earth minerals mine in the U.S., underscores the administration's commitment to this goal. Id just like to say, more promises made, promises kept. Keep this one on the list. Check it off, okay, because last week the DOD spent $400 million of preferred stock in MP Materials, which operates the only rare earth minerals mine in the United States, Gonzales explained.
She added that Apple has committed to purchasing $500 million worth of rare earth magnets from MP Materials, which plans to expand its operations with a new domestic manufacturing facility.
Gonzales concluded, President Trump successfully reducing our countrys dependence on China in just one more way. I think thats a win. This development not only strengthens America's economic independence but also aligns with conservative values of self-reliance and national security.
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