The US has $100 billion to break China’s rare-earth grip. Can it stop Beijing from holding America’s supply chain hostage?

The United States can access up to $100 billion in loans for developing its critical minerals industry. Despite this financial resource, it struggles to compete with China’s established dominance in rare earth processing and supply chains. Creating processing facilities and refining capacity requires long-term investments and strategic planning, which many private investors find unattractive.