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Benzinga
Benzinga
Business
Stjepan Kalinic

Pentagon's Critical Mineral Stockpiling Plan Points To Shortage Expectations

Rare earth minerals

The Pentagon is moving to secure a $1 billion stockpile of critical minerals. The Department of Defense is aiming to insulate the U.S. defense supply chains from China’s tightening control of strategic metals.

According to The Financial Times (FT), the Defense Logistics Agency (DLA) has begun formal procurement steps to acquire vast quantities of minerals. These materials are essential for weapons systems, electronics, and advanced manufacturing.

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