Smart policy that prioritizes reshoring of rare earth minerals to North America, consistent with leading environmental regulations is highly important to the high technology, renewable energy and electric transportation industries. Despite vast mineral resources, the U.S. currently imports nearly 50 critical minerals and its reliance on imports of rare minerals has nearly doubled in the past two decades. Too many of these essential minerals are now coming from risky regions of the world or from geopolitical rivals. Anticipated changes in North American mining policy will stimulate reshoring of the critical minerals industry and it will also strengthen national security.
Reshoring of the Rare Earth Minerals Industry is Imminent
by closeshoring | Nov 15, 2020 | Uncategorized | 0 comments