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News  ›  Benzinga

Uncle Sam Wants More Rare Earth Stocks — Trump White House Plans Stakes

Benzinga Logo Benzinga By Erica Kollmann
Uncle Sam Wants More Rare Earth Stocks — Trump White House Plans Stakes

The U.S. government is planning to acquire equity stakes in critical minerals companies to challenge China's dominance in rare earth materials supply, with over $1 billion invested in the past year to support domestic mineral producers.

Insights
USAR   positive

Potential for government investment and support in domestic rare earth production