# The Pentagon Funded Its Way Out of Chinese Rare Earths. The Factory Wont Be Ready in Time.

- slug: the-pentagon-funded-its-way-out-of-chinese-rare-earths-the-factory-wont-be-ready-in-time
- date: 2026-04-21
- category: Space & Aerospace

The Pentagon bet $400M and a guaranteed price floor on the only US rare earth mine. The magnet factory it funded opens in 2028. A defense law banning Chinese rare earths takes effect January 2027. Sprott just launched the first ex-China rare earth ETF to track what happens next.

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