The Dispatch

The Pentagon’s equity push into rare earths and missile propulsion is reshaping critical minerals industrial policy, governance risk, and supply resilience.

Australia is using reserves, equity stakes, and offtake shifts to reduce dependence on Chinese rare earth, gallium, and antimony supply chains.

Albemarle’s Kemerton shutdown shows why Western lithium hydroxide refining remains structurally exposed to Chinese cost, scale, and demand advantages.

Ammonium perchlorate capacity, DPA Title III limits, and Pentagon financing now define a critical bottleneck in Western missile surge production.

India holds major rare earth reserves but still lags in mining, separation, and magnet capacity. Policy is moving faster than execution.

China’s rare earth dominance is built on processing, not geology. An in-depth look at reserves, refining control, export policy, and operational risks to…

The United States has 1.9M tonnes of rare earth reserves, but separation, metal, and magnet capacity still leave it exposed to China.

Greenland hosts major rare earth resources, but uranium politics, logistics, capital intensity, and permitting still block near-term production.

The DRC dominates cobalt mine supply but export quotas, artisanal flows, refining dependence, and buyer leverage limit durable pricing power.