Trove of Critical Minerals Uncovered in the Utah Desert
PositiveFinancial Markets

- Ionic has announced the discovery of 16 different rare earth and critical minerals in the Utah desert, a significant find that could bolster U.S. efforts to compete with China in the critical minerals market.
- This discovery is crucial for Ionic as it positions the company to play a pivotal role in reducing U.S. reliance on foreign sources, particularly China, which has dominated the rare earth supply chain for years.
- The U.S. and other Western nations are increasingly focused on developing domestic sources of critical minerals to counteract China's influence, as evidenced by rising investments in startups and strategic initiatives aimed at securing essential materials.
— via World Pulse Now AI Editorial System





