It's Elemental--Restoring the U.S. Rare Earth Element Supply Chain
China has dominated global rare earth markets, driving out competitors and controlling nearly all of the world's processing capacity.
- China has dominated global rare earth markets, driving out competitors and controlling nearly all of the world's processing capacity.
- In 2018, the DOE said that the nation imported about $160 million worth of rare earth compounds and metals, excluding yttrium and scandium.
- "Chemours is pleased to support the developing rare earth supply chain in the United States," said Chemours president Bryan Snell.
- The United States was once home to a robust rare earth element market, ultimately letting it slip away, and the country is now paying the price.