US awards $134 million for domestic rare earth projects
The U.S. Department of Energy awards $134 million to rare earth projects in Louisiana and Oklahoma. This move aims to boost output and cut dependence on China.
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The United States Department of Energy awarded $134 million on Tuesday to rare earth extraction projects in Louisiana and Oklahoma. This funding follows federal efforts to boost domestic mineral output and reduce dependence on China, which dominates the global supply chain. The initiative aims to establish new domestic supply routes by converting industrial waste into high-purity metals.
