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US Government Backs Rare-Earth Magnet Startup With $1.4 Billion to Counter China

Posted on November 4, 2025

The U.S. government announced a $1.4 billion partnership Monday with Vulcan Elements and ReElement Technologies to build a domestic rare-earth magnet supply chain, marking one of the Trump administration’s most significant investments in reducing America’s dependence on Chinese critical minerals.

The post US Government Backs Rare-Earth Magnet Startup With $1.4 Billion to Counter China appeared first on Breitbart.

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