The U.S. Department of Defense (DOD) says it is on track to meet its goal of forming a domestic supply chain for vital materials needed in both commercial products and military systems.
Pentagon officials said in early March that it had awarded about $440 million to establish supply networks for rare earth elements within the U.S. since 2020 and that it is on pace to build a supply that can sustain all agency requirements — from “mine to magnet” — by 2027.