Reuters exclusively reported that the U.S. Department of Defense has held talks with Malawi’s Mkango Resources Ltd and other rare earth miners across the globe about their supplies of strategic minerals, part of a plan to find diversified reserves outside of China. The push comes as China threatens to curb exports to the United States of rare earths, a group of 17 minerals used in a plethora of military equipment and high-tech consumer electronics.
Reuters reveals Pentagon eyes rare earth supplies in Africa in push away from China
05 June 2019, 12:00 am 1 minute
Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Americas