China Poised to Cut Off US Military from Key Mineral as America’s Own Reserves Lay Buried Under Red Tape

Mineral mining

China is planning to restrict exports of a key mineral needed to make weapons while a U.S. company that could be reducing America’s reliance on foreign suppliers is languishing in red tape, energy experts told the Daily Caller News Foundation.

The Chinese government announced on August 15 that it will restrict exports of antimony, a critical mineral that dominates the production of weapons globally and is essential for producing equipment like munitions, night vision goggles and bullets that are essential to national security, according to the Center for Strategic and International Studies (CSIS). Perpetua Resources, an American mining company, has been navigating red tape for years to develop a mine in Valley County, Idaho,  that could decrease reliance on the Chinese supply of antimony, but the slow permitting process is getting in the way, energy experts told the DCNF.

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Rare Earth Mineral Mines Shutter as Demand for Electric Vehicles Plummet

Ablemarle Corporation mining site

A slowdown in the growth of electric vehicle (EV) demand has led to entire mines being shut down as the supply of rare earth minerals essential for EV components exceeds demand, according to The Wall Street Journal.

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