Pentagon To Invest in 17 Critical Minerals Worth $1 Billion
The Pentagon announced on Monday that it plans to invest $1 billion in critical minerals in 2025. The investments are part of efforts to secure the supply of materials essential for national security, including those used in military and defense technologies. This initiative is motivated by the increasing importance of minerals in technologies used in electric vehicles (EVs), solar panels, advanced computing, and weapons systems. Also Read: Morgan Stanley Predicts Steep Dip For S&P 500 Index This Month Pentagon To Invest $1 Billion in These 17 Critical Minerals Source: History Below is the full list of critical minerals that the Pentagon will invest $1 billion in: Rare Earth Elements (REEs) – Neodymium – Used in high-strength permanent magnets. – Dysprosium – Used to enhance magnets’ performance at high temperatures. – Terbium – Often used in electronics and display technologies. – Lanthanum – Critical for batteries and hydrogen storage. – Samari...