Strategic Materials Advisory Council Challenges Failed U.S. Government Policies on Rare Earth Supplies

Posted on April 15, 2014 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

WASHINGTON — The Strategic Materials Advisory Council today strongly criticized U.S. Government – and in particular, Department of Defense (DoD) – policies that fail to address ongoing, serious concerns about the supply chain for rare earth elements. Completely disregarding concerns about the lack of diversified sources and the potential for increased supply chain vulnerabilities, a recent DoD report observes that rare earth market conditions have “significantly improved for consumers of rare earths, including suppliers within the U.S. industrial base.”