China currently dominates the vital rare earth market in the world, leaving the U.S. highly vulnerable in the event of an embargo or trade war, says Kevin Cassidy, CEO of U.S. Rare Earths. Rare earth minerals are essential for use in technology and defense products. Cassidy says his mining company will be supplying its heavy and critical rare earth minerals in the U.S. once it ramps up production later this year from the 25,000 acres it holds in Montana, Idaho and Colorado.
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