China Set to Cut Off US Military From Key Mineral as America’s Own Reserves Remain Buried Under Red Tape
27th August 2024
China is planning to restrict exports of a key mineral needed to make weapons while a U.S. company that could be reducing America’s reliance on foreign suppliers is languishing in red tape, energy experts told the Daily Caller News Foundation.
The Chinese government announced on Aug. 15 that it will restrict exports of antimony, a critical mineral that dominates the production of weapons globally and is essential for producing equipment like munitions, night-vision goggles and bullets that are essential to national security, according to the Center for Strategic and International Studies (CSIS).
Perpetua Resources, an American mining company, has been navigating red tape for years to develop a mine in Valley County, Idaho, that could decrease reliance on the Chinese supply of antimony, but the slow permitting process is getting in the way, energy experts told the DCNF.