In the high-stakes game of rare-earth elements, efforts to keep a major mine out of China’s grasp have failed spectacularly. This pivotal issue not only affects tech industries but also raises alarms about global dependencies. Here’s what you should know:

• Crucial Resources: Rare earths are essential for tech and military applications.
• China’s Dominance: With a stranglehold on production, China manipulates global markets.
• Failed Crusade: Recent attempts to secure alternative supplies have floundered.
• Future Implications: The U.S. and allies scramble for solutions amidst rising competition.

Here’s the full scoop.