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Tag: molycorp
Colorado congressmen risk environment for rare earth refinement
Rare earth metals used to manufacture magnets for electric vehicles, display screens for electronics, rechargeable batteries and smart bombs are almost entirely mined in China but that could soon change. U.S. Reps. Mike Coffman and Doug Lamborn are pushing hard to knock down the barriers of entry for rare earth production to return to the United States, where mines closed in the 1990s when China undercut global prices.