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The U.S. is Being Forced to Secure Rare Earth Outside of China The world is in desperate need for rare earth supply outside of China. Not only is the U.S. trying to new supply, Europe is in desperate need, too. In fact, according to the South China Morning Post, “In a speech touting the bloc’s ‘industry strategy’ this week, European Commission President Ursula von der Leyen pointed to the scarcity of raw materials needed to power the switch to electric vehicles and green energy sources, much of which are buried in China.” “We import lithium for electric cars, platinum to produce clean hydrogen, silicon metal for solar panels,” she added. “Ninety-eight per cent of the rare earth elements we need come from a single supplier: China. This is not sustainable. So we must diversify our supply chains.” ....
Defense Metals Corp. (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE) announces it has received additional pre-pilot hydrometallurgical test work utilizing high-grade REE ....
Investorideas.com - Rare Earth Metals Sector Alert; Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Pre-Pilot Hydrometallurgy Testing Yields 97.3% Rare Earth Element Extraction, Biden to order review of U.S. reliance on overseas supply chains for semiconductors, rare earths investorideas.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investorideas.com Daily Mail and Mail on Sunday newspapers.