Politics1/15/2026•Bloomberg

Trump’s Rare Earth Push Extends Lifeline to Green Tech

Trump’s Rare Earth Push Extends Lifeline to Green Tech

The article discusses the US government's efforts to boost the domestic rare earth industry, which is crucial for the production of green technologies and defense applications. Rare earth elements, a group of 17 minerals, are essential components in various products, including electric vehicles, wind turbines, and military equipment. The industry experienced a surge in funding in 2025 as the US government sought to establish a self-sufficient supply chain for these critical materials, reducing reliance on foreign sources, particularly China, which currently dominates the global rare earth market. The push to strengthen the domestic rare earth industry is part of a broader strategy to secure the country's technological and military advantage, as well as to support the transition to a more sustainable energy future. The article highlights the government's support for research and development, as well as investment in new mining and processing facilities, to bolster the nation's rare earth capabilities.

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