This is the most egregious headline I’ve read from FT.
“US BETS BILLIONS OF DOLLARS ON UNPROVEN GROUPS IN RARE EARTHS DEALS”No sht. Maybe they’re “unproven” since we have nothing??$USA Rare Earth(USAR.US) to $MP Materials(MP.US) are incredibly important. Since US rare earths supply is the #1 national security priority right now. The United States owns almost none of the upstream capacity/refineries for AI, Robotics, to Space, as we rely on other countries from Canada to China. This is probably the best domestic policy move from the Trump administration to fund these unprofitable efforts.In order to secure US supply chain sovereignty instead of relying on Russia and China?It’s almost like FT is trying to make the US public mad…At genuinely great efforts to secure American’s independence by how they word these articles.Source: Serenity
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