Data Center, Defense, Renewable Developers Cheer U.S.-China Deal

Written by Paul Wiseman for Industrial Info Resources (Sugar Land, Texas)--The one-year delay in an embargo on Chinese exports of rare earth minerals (REMs) will benefit supply chains and pricing for U.S. industry. But stateside rare-earth producers are decades away from overcoming China's production dominance.Because China dominates the world in critical REMs, accounting for 60% of production and 90% of processing, the newly negotiated delay in restrictions on exports headed for the U.S. will b