China dominates the supply of rare earths processing. But this chart from the FT illustrates how much China also dominates the actual supply of raw ore, too.

do you have a sense of how relevant this new discovery is for the US? I saw it a while back but haven't heard much follow up.

Reporter and writer. I cover energy, climate change and geopolitics. Contact me via my website www.alexanderckaufman.com and subscribe to kaufman.substack.com.

do you have a sense of how relevant this new discovery is for the US? I saw it a while back but haven't heard much follow up.  https://www.msn.com/en-us/money/companies/wyoming-s-rare-earth-find-challenges-china-s-market-hold/ar-AA1u6i6i?ocid=IE11FREDHP

new thing coming soon https://twitter.com/codybrown

The big problem, as I understand it from my reporting, isn’t finding domestic rare earth deposits but getting processing capacity up and running. In theory, however, reserves that can be mined beget refineries. So we’ll see. The other issue is money and permitting. The Biden admin was eager to support the former, even if Democrats couldn’t get their act together on permitting reform. This could be an area where Trump and the Republicans make real progress.