US introduces legislation to support rare earth industry

By William Clarke
Published: Thursday, 03 September 2020

US legislators have introduced a bill aimed at delivering tax incentives for domestic rare earth production, in the latest attempt to wrest control of the sector out of Chinese hands.

The Reclaiming American Rare Earths (Rare) act, introduced on Tuesday September 1, is intended to reduce the United States’ dependence on Chinese rare earths, a group of minerals that have a wide range of technological applications, including in electric vehicles and wind turbines.

The legislation was co-authored by legislators from...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.