The 3G Mineral Group Dominated by China and Its Implications for the U.S.
April 17, 2024
Late in 2023, China announced export quotas and tariffs on severa...
Following President Obama’s remarks on Tuesday surrounding China’s rare earth mineral export restrictions, E&E News spoke with Mark Smith, CEO of U.S. rare earth mining company Molycorp. In the interview, Smith discussed the company’s role in helping keep the United States competitive, noting, “rare earths are a very, very critical part of our economy.”
Smith underlined that the role of Molycorp is to help “bring U.S. production online and become a very meaningful player in the rare earth production side again.”