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559 Pentagon lends $700M to Vulcan and ReElement to boost domestic rare earth magnet production amid China tensions

Startups News
Nickie Louise @ Startups News 2 place · 11/21/2025 12:11 EDT

Pentagon lends $700M to Vulcan and ReElement to boost domestic rare earth magnet production amid China tensions

The Pentagon is stepping directly into the supply chain battle, and this time the focus is smaller than fighter jets or satellites but just as decisive. Rare earth magnets — the silent muscle behind everything from missile systems to AI ...

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