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Pentagon funding bans China rare earths

North of 60 Mining News – August 17, 2018

Ucore Rare Metals Inc. Aug. 14 said the John S. McCain National Defense Authorization Act for Fiscal Year 2019 signed into law by President Donald Trump is a turning point for the rare earth element sector in the United States.

The new legislation, more commonly known as the 2019 National Defense Authorization Act, prohibits the U.S. Department of Defense from acquiring rare earth magnets – along...

 

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