USA Rare Earth CEO Barbara Humpton joins ‘Mornings with Maria’ to discuss securing up to $1.6B in Commerce funding, expanding U.S. rare earth production and reducing America’s reliance on China’s critical minerals supply chain.
USA Rare Earth CEO Barbara Humpton details $1.6 billion in CHIPS Act funding to boost domestic critical mineral and rare earth magnet production. Humpton highlights building a complete ‘mine to magnet’ value chain with operations across Texas, Colorado, Oklahoma and Brazil. She addresses a lawsuit from MP Materials, strongly denying allegations of intellectual property theft and reaffirms focus on challenging China’s dominance in the rare earth supply.
Read the full article here