# USA Rare Earth

Washington Ploughs $1.6bn into U.S. Rare-Earth Mines — But Can It Break China’s Grip?

The U.S. is buying a roughly 10% stake in USA Rare Earth for $1.6 billion to hasten domestic rare-earth mining and processing and reduce dependence on China. While the investment is sizeable and politically significant, technical, environmental and resource-quality challenges mean breaking China’s dominance will be a slow and uncertain process.