DECOUPLING: Rare Earth Processing Plant Opens in Colorado.

The pilot plant is a joint venture between USA Rare Earth and Texas Mineral Resources Corp. The two companies previously funded a project on Round Top mountain in Hudspeth County, Texas, which features 16 of the 17 rare earth elements.

“Our objective is to set up a domestic U.S. supply chain without the materials ever leaving the United States,” said Pini Althaus, CEO of USA Rare Earth.

The elements are necessary for the creation of a number of weapons systems including the Lockheed Martin-made F-35 joint strike fighter, Tomahawk cruise missiles and other munitions.

I’m pleasantly surprised that the Democrat-dominated state government allowed this to go forward.