China Squeezes Critical Mineral Supply to U.S. Defense Industry ...Middle East

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China Squeezes Critical Mineral Supply to U.S. Defense Industry
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China is restricting the supply of critical minerals to U.S. military manufacturers, the Wall Street Journal has reported, adding that this has forced companies to delay order deliveries as they sought alternative suppliers. The supply restrictions have meanwhile inflated the prices of the critical minerals, the report also said. According to defense industry traders, some of these now cost five times as much as they used to, and in at least one case, a critical mineral cost 60 times as much as it used to before Beijing started to restrict supply.…

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