Daily Archives: November 8, 2012


Pentagon Challenges Chinese Monopoly on Rare Earths

The Pentagon and Toyota Motor Corp. are trying to crack China’s global monopoly on mining the most valuable rare earths used in unmanned military drones and electric-car motors. The U.S. Department of Defense and Asia’s biggest carmaker are working with Canada’s Ucore Rare Metals Inc. (UCU) and Matamec Explorations Inc. […]