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A major setback has been dealt to the United States’ efforts to develop rare earths. The U.S. is attempting to develop its own supply of rare earths, hoping to reduce its reliance on China. China controls nearly 90% of the world’s rare earths, which are used in magnets and various electronic systems.
In April, the U.S. Department of Defense (DoD) awarded two U.S.-based firms, Lyn...
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