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US Defense Companies ‘Panicked’ as China Withholds Crucial Rare Earth Materials

It’s not quite war, but defense companies are warning that China is crippling production of military products through its export controls. Rare earth materials, of which China supplies about 90 percent, are flowing slower than ever before, according to The Wall Street Journal. Defense software firm Govini estimates that more...

It’s not quite war, but defense companies are warning that China is crippling production of military products through its export controls. Rare earth materials, of which China supplies about 90 percent, are flowing slower than ever before, according to The Wall Street Journal. Defense software firm Govini estimates that more…

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