Tag Archive | "CVE:GWG"

Rare Earth Elements Vital For US Defense and Economy

Tuesday, July 6, 2010

The ‘RESTART’ Act proposed in the US congress is aiming to reduce America’s dependence on China for the supply of rare earth elements vital for US weapons and defense industries as well as electronics and green technology companies. The bill seeks to assist mining and processing operations, as well as create a strategic stockpile of various rare earth elements.

Neodymium’s Strategic Importance Gets Traction With US Congress

Tuesday, June 1, 2010

Friday, The House of Representatives approved the National Defense Authorization Act, which outlines the US Department of Defense’s (DoD) budget and expenditures. Included in the Act was an amendment to formulate a plan to establish a domestic source of rare earth element neodymium.

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