Inside the American Startups Trying to Break China's Mineral Chokehold
For over a decade, China has quietly built effectively a monopoly on the critical minerals that power everything from smartphones to fighter jets and the US is now racing to catch up.
David Westin speaks with a New Hampshire startup called Phoenix Tailings, where CEO Nick Myers is trying to break China's chokehold on the supply chain.
He also talks with author David Abraham, CFR's Heidi Crebo-Rediker, and former US Ambassador to China Nicholas Burns about how the US fell so far behind, and whether innovation can help it leapfrog back into the game. (Source: Bloomberg)
Australia boosts critical mineral funding
- Australia and US boost support for critical minerals with $4.5 billion The Straits Times —
- Australia and US boost support for critical minerals with $3.5 billion The Straits Times —
- Australia and US boost support for critical minerals with $3.5 billion - Reuters Reuters —
- The projects to benefit from Australia’s $5 billion rare earth funding deal Sydney Morning Herald —
- U.S., Australia back rare earths refinery with up to $600M in potential funding Seeking Alpha —