Bloomberg
US · 43 mins ago
✦ 78◉ Centre
Pentagon Doubts Over Rare Earths Deal Provoke White House Clash
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Quality 78/100
Partisan intensity 35/100
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◉ Centre ✓ Fair headline
The Pentagon is considering withdrawing an $80 million conditional loan to rare-earths refiner ReElement Technologies, causing disagreement with the White House over a deal intended to reduce US dependence on Chinese critical minerals.
Pentagon Doubts Over Rare Earths Deal Provoke White House Clash
The Pentagon is weighing whether to scrap an $80 million conditional loan offer to rare-earths refiner ReElement Technologies Corp., touching off a clash with the White House over an agreement that was meant to help break China’s chokehold on critical minerals.
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