President Trump is working to cut China out of U.S. rare-earth supply chains while simultaneously blocking Chinese access to rare earths from Latin America. Photo courtesy of the United States Geological Survey. China has established itself as a rare-earth leader with a near monopoly. President Trump has taken numerous steps to break China’s grip, including a rare-earth deal with Kazakhstan and increased investment in Canada to strengthen U.S. independence. Now, U.S. interventions under Trump in Latin America are also reducing China’s access to rare earths, extending the competition into the Western Hemisphere. China controls approximately 70% of rare-earth mining and 90% of refining. Tim Johnson, a technical advisor to REalloys (NASDAQ: $ALOY) and a ten-year veteran in the field of rare earth minerals, told The…
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