Texas pushes rare-earth mining project to reduce dependence on China Texas is advancing a significant rare-earth mining initiative aimed at decreasing the United States’ reliance on China for critical minerals essential to defense and advanced technology sectors. The project, centered around the Round Top rare-earth deposit in West Texas, has gained traction as policymakers and industry leaders seek to bolster domestic supply chains. Texas Land Commissioner Dawn Buckingham highlighted the state’s strategic position in the global rare-earth market during a discussion on FOX Business’ "Mornings with Maria," emphasizing the potential economic and national security benefits. Buckingham noted that Texas possesses 15 out of the 17 rare-earth minerals, with a particular focus on the "heavies," which are vital for defense systems, semiconductors, and advanced manufacturing. She described the project as a pivotal step in breaking China’s dominance over the global supply chain, projecting billions of dollars in revenue for Texas public schools. The Round Top deposit, considered one of the richest sources of heavy rare-earth minerals in North America, is central to this effort. The $1.5 billion rare-earth deal, involving USA Rare Earth CEO Barbara Humpton, underscores the urgency of securing critical minerals. Humpton emphasized the need to fast-track the Round Top project to ensure the U.S. can meet its technological and defense demands without depending on foreign suppliers. The project’s success could mark a turning point in reshaping the global rare-earth landscape, with Texas positioned as a key player. President Donald Trump’s administration has also shown interest in supporting domestic mineral development, with plans to allocate $12 billion in seed money to stockpile critical minerals.#texas #round_top #dawn_buckingham #usa_rare_earth #barbara_humpton
