U.S. government to put millions into North Carolina company to bolster domestic rare earths amid bid to counter China

WASHINGTON — The federal government has agreed to provide millions in funding to a firm focused on building a robust rare earths supply chain in the U.S. as the Trump administration expands its efforts to counter China’s dominant presence in the minerals space that is critical for manufacturing and technology moving forward.

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The federal government has agreed to provide millions in funding to a firm focused on building a robust rare earths supply chain in the U.S. as the Trump administration expands its efforts to counter China’s dominant presence in the critical minerals space that is critical for manufacturing and technology moving forward

The company, Vulcan Elements, announced the deal in a press release Monday in which it said, in total, the partnership involvi