US companies are cutting reliance on China for critical minerals
EXETER, N.H. (AP) — Tucked inside a New Hampshire office park, a small refinery zaps mining waste with electricity to tease out critical minerals needed for key U.S. weapons systems, including missiles used in the Iran war. It can play a part in helping America break the chokehold China has on processing critical minerals, but it will take up to a year and a half to build a new factory as the Trump administration pushes to expand domestic production. The company, Phoenix Tailings, recently got a $500 million loan from the Pentagon to ramp up its work, after starting out eight years ...