West Builds Rare Earth Resilience Amid China's Export Curbs
Update: 2025-12-24
Description
Amidst Chinas rare earth element export restrictions, Grant Smith, an Australian businessman, remained unfazed. His company, Less Common Metals, had been preparing since 2017, reviving old factory lines and utilizing forgotten stockpiles. As car manufacturers warned of shortages, Smiths team continued to supply vital alloys, including neodymium iron boron and samarium cobalt, used in F-thirty-five engines and NATO sensors. The crisis sparked interest in Western alternatives, with the Pentagon investing in MP Materials and USA Rare Earth acquiring Less Common Metals. Smith now partners on long-term supplies from Australia and recyclers, aiming to build real resilience.
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