DoD Invokes Defense Production Act To Boost Metals Mining After China Export Controls
July 7th, 2023Via: ZeroHedge:
According to a Pentagon spokesperson cited by Reuters, the US Defense Department announced on Friday it is invoking the Defense Production Act to boost the domestic mining and processing capacity of two rare earth metals, gallium and germanium, critical for high-tech chip-making for the US defense industry.
Reuters said the Pentagon has a strategic germanium stockpile but no gallium stockpiles. The move to invoke the Defense Production Act comes after China announced Monday that it will impose export controls on the two metals, citing “safeguard national security and interests.”
“The (Defense) Department is proactively taking steps using Defense Production Act Title III authorities to increase domestic mining and processing of critical materials for the microelectronics and space supply chain, including gallium and germanium,” the DoD spokesperson said.
Does this mean they’ll be coming for our solar panels, like when, in various past wars, govts collected people’s gold or tin cans or things made of steel or iron to use in the war effort?