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November 6, 2025
WASHINGTON (AP) The Trump administration and private investors are partnering with two rare earth startups in a $1.4 billion deal to scale up the nation’s access to materials and technology that is crucial for producing an array of high-tech goods and military equipment.
The investment in Vulcan Elements and ReElement Technologies is the latest stake taken by the U.S. in a handful of private companies including another rare earths company and chipmaker Intel since President Donald Trump began his second term in January. The White House has made it a priority to bolster the nation’s supply chain in a market dominated by China.
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