This post was originally published on GreenMet
FOR IMMEDIATE RELEASE
Washington, DC — On April 4, China announced a significant policy shift, placing seven categories of medium and heavy rare earth elements — including samarium, gadolinium, terbium, dysprosium, lutetium, scandium, and yttrium-related items — on an export control list. This move underscores the growing strategic importance of rare earths in powering industries from defense technologies to cutting-edge innovations in green energy and technology.
As global supply chains face increasing disruptions, GreenMet is reaffirming its commitment to securing a reliable domestic supply of critical minerals. For years, the company has worked toward reducing North America’s dependence on foreign sources of rare earths, and today’s announcement only emphasizes the urgent need for this mission. GreenMet firmly believes that a sustainable, domestic supply of critical minerals is not just possible — it is essential for ensuring national security and future competitiveness.
“We have long recognized the importance of rare earths, especially in defense technologies like advanced missile systems, radar, and precision electronics,” said Drew Horn, CEO of GreenMet. “With today’s announcement, it’s clearer than ever that reducing our reliance on foreign sources of these materials is critical. North American companies have the capability and capacity to produce the materials necessary to create a resilient domestic supply chain for critical minerals. By strengthening domestic production and refining capabilities, we can ensure that our industries remain competitive and secure, free from the risks of global supply chain vulnerabilities.”
GreenMet is proud to collaborate with key North American partners such as Caldera in Pea Ridge, Missouri, Tanbreez in Greenland, and Torngat Metals in Canada. These partnerships are instrumental in advancing the production of rare earths and securing access to the materials that power defense technologies and critical industries. All these companies are working to build a sustainable, independent supply chain that will reduce dependence on foreign sources and safeguard national interests.
GreenMet’s work and ongoing collaborations demonstrate that the domestic production of critical minerals is not only feasible but essential. By investing in and expanding North America’s capabilities to source and refine rare earths, the region can secure its future as a leader in defense technologies, green energy solutions, and advanced manufacturing.
Contact:
Sabrina Katz
Email: skatz@greenmet.com
Phone: (202) 525-1744
Website: www.greenmet.com
About GreenMet:
GreenMet serves as a vital American conduit between private capital, government, and critical mineral innovation, uniquely positioned to represent and advance the private sector interests that sustain and strengthen U.S. supply chains for critical minerals, ensuring reliability and continuity from mine to manufacturing. GreenMet’s valuable insights and recommendations guide clients through the complex and ever-changing landscape of critical mineral development. Learn more at greenmet.com.
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The post GreenMet Responds to China’s Rare Earth Export Control Announcement, Calls for Strengthened North American Supply of Critical Minerals appeared first on GreenMet.