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Commodities Now reported that a plan to secure supply of cobalt and rare earths is critical to the goal of reducing oil dependency in the US.
Commodities Now reported that a plan to secure supply of cobalt and rare earths is critical to the goal of reducing oil dependency in the US.
As quoted in the market news:
The global supply of strategic elements is being constrained by Chinese trade and environmental policies plus exposure to the political risk associated with mining in such developing nations as the Democratic Republic of Congo. The risk is greatest for indium, tellurium, cobalt, and lithium as well as for nine rare earth elements that are not currently mined in the United States.
