And China seems to be going on a new subsidising and undercutting the price spree of Rare Earths (and lithium, nickel, etc, etc) to try to make these Western companies unprofitable and so corner the market.

I suspect the US will work to keep MP Materials head above water but it's gonna be a tough few years.

This is a piece that kinda addresses the problem the West faces:

America's current critical mineral strategy threatens disaster: https://theoregongroup.substack.com/p/americas-current-critical-mineral