U.S. lawmakers from both parties make a joint motion intended to revive the U.S. rare earth industry

U.S. Senator Roy Blunt ( Missouri ) and U.S. Sen. Joe Manchin ( West Virginia ) jointly proposed a " National Rare Cooperation Act of 2014 ," bipartisan legislation this week to reduce the U.S. China 's rare earth mineral dependence and encourage private sector employment and innovation to maintain U.S. military technological superiority.

By encouraging domestic production and smelting of rare earth , we can reduce dependence on other countries and to increase their employment and promote economic development, and to strengthen their military capabilities, " Brent said. "I am very pleased to be bipartisan legislation with Senator Manchin cooperation , we want the rare earth industry back to the U.S. "

" I always say , we need a fair and competitive environment. China 's near- monopoly on the global rare earths market, which is bad for our country's economy and national security are negative , " Manchin said. "This bipartisan legislation will end this imbalance - to encourage domestic production of our TV sets and mobile phones , such as those used in everyday items of rare earth minerals , but also meet the needs of our national defense strategic weapons systems. I thank Senator Blunt with me on this common-sense measures to promote national security and economic development , but also can keep their jobs.

Rare earth ore mineral resources of strategic importance , and is the defense industry and high-tech products, key products. However , China has effectively global monopoly , China 's rare earth through advanced technology, and low price is almost a monopoly of the world's rare earth minerals industry .

Rare bipartisan National Partnership Act will give private rare earth suppliers and end- users with an opportunity to work together to build a rare earth smelting cooperatives in the United States. According to the U.S. Geological Survey (USGS) data , in an iron mine in Washington County and some rare earth elements , Missouri Missouri also has a long history of exploitation of minerals , including some galena .


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