Oklahoma secures America’s first rare earth metal and manufacturing facility outside of China

RickN

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Yes!!! Now we need to start manufacturing ammo for the military here. We depend on Russia and China for much of it.

Oklahoma Gov. Kevin Stitt joined "Varney & Co." Friday, announcing his state secured America’s first rare earth metal and manufacturing facility while pulling supply out of China.

GOV. KEVIN STITT: We're very excited about this. It's a huge deal for Oklahoma… manufacturers are realizing that Oklahoma's the spot to be in right now… it's $100 million investment, high-paying jobs.. the biggest point for this is it's pulling supply out of China. They control 90% of the mineral to magnet manufacturing and that's a national security issue.

 

ttown

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Looks like it’s a race for whos first in rare metals. I hear the Japanese discovered large deposits of various rare metals and I believe Israel had deposits as well.


 

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