Economic Policy

U.S. Rare Earth Independence Takes a Critical Step Amid Pentagon and Apple Backing

By Economics Desk | July 15, 2025

MP Materials’ $500 million deal with Apple and $400 million Pentagon investment mark a decisive push to reclaim America’s rare earth supply chain from China’s grip, safeguarding national security and economic freedom.

In a strategic move that underscores the importance of national sovereignty and economic independence, MP Materials—the sole American rare earth mine operator—is receiving crucial support from both tech giant Apple and the U.S. Department of Defense. This dual backing not only signals a significant step toward breaking China’s chokehold on critical minerals but also highlights the urgent need for America-first policies in securing vital supply chains. Why Does Rare Earth Control Matter for America’s Future? Rare earth elements may not be as rare as their name suggests, but their concentrated availability is scarce, making mining operations complex and expensive. These...

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