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flag USA faces rare earth shortage as China restricts exports, prompting push for domestic mining.

flag The US faces a potential shortage of rare earth elements, vital for military and high-tech devices, due to China's export restrictions. flag With only one rare earth mine in California, operated by MP Materials, the US is seeking to develop more domestic mines to reduce reliance on China, which supplies nearly 90% of global rare earths. flag The US government is pushing for faster permit approvals and investments in new mines to address this critical supply issue.

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