… industrial or manufacturing capacity or supplies and the supply chain of a key element is all derived in one place. So, as I'm sure you've seen the announcement yesterday, where The Department of Defense has taken an equity stake in a company that will be able to process rare earths. One thing is to have access to raw material. The other thing is to be able to process that raw material into something that's usable for everything from high technology to the anything that has a motor in it. (21:41–21:51)
CLAIM
Asserts that the Department of Defense has invested in a company for processing rare earths.
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