The president’s new mineral deal utilizes American companies rather than relying on China.
President Donald Trump has scored yet another win against China — as the U.S. government has successfully negotiated a mineral deal using American companies rather than relying on China for our rare earth minerals.
In 2023, the country banned exports of its own IP regarding rare earth extraction methods, waste separation methods, rare earth magnet production technology — which is used by companies like Apple, as well as for electric motors for EVs, drones, missiles, and radar.
“It is pretty significant because China produced 60% of the world’s rare earth minerals, nearly 90% of the world’s rare earth processing, and 99.9% of America’s rare earth processing,” BlazeTV host Sara Gonzales explains on “Sara Gonzales Unfiltered.”
“And of course, they’re weaponizing that control of all of these rare earth minerals and semiconductors to hurt the United States,” she continues.
“It’s crazy to rely on China for things that we really need.”