Pentagon Moves to Stockpile Critical Minerals
The Pentagon aims to acquire up to $1bn in critical minerals to build stockpiles and reduce dependence on China.
The US Defense Logistics Agency (DLA) is leading this initiative to enhance the national reserve of minerals crucial for defense manufacturers.
China controls the supply chains for critical minerals and permanent magnets, essential for applications including smartphones and military equipment.
- Critical minerals are crucial for defense manufacturers.
- The US seeks to mitigate China's dominance over these essential metals.
The initiative is part of a global effort to build stockpiles and enhance national security.
Author's summary: Pentagon to stockpile $1bn in critical minerals.
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