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China's Mineral Control: Impact on US Defense Industry

By Staff
China's Mineral Control: Impact on US Defense Industry
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China is restricting the export of critical minerals, causing problems for the US defense industry. These materials are essential for microelectronics, drone engines, night vision systems, and missiles.

Price Increases: Suppliers in the US are forced to pay up to 60 times the usual price for rare samarium.

US Dependence: The American defense industry relies heavily on China for critical minerals, making the US vulnerable.

Export Restrictions: Since December, China has banned exports of germanium, gallium, and antimony to the US.

Pentagon's Response: The Pentagon is investing in domestic supply chains and working with allies to boost the production of critical metals.

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#China
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#USA
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#Defense industry
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#rare earths
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#Mineral exports
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Source: in.gr
China's Mineral Control: Impact on US Defense Industry | Hellenic.News