Greater Nashua
US companies are stepping up to cut reliance on China for critical minerals used in key weapons
EXETER, N.H. (AP) — Tucked inside a New Hampshire office park, a small refinery zaps mining waste with electricity to tease out critical minerals needed for key U.S. weapons systems, including missiles used in the Iran war. It can play a part in helping America break the chokehold China has on processing critical minerals, but it will take up to a year and a half to build a new factory as the Trump administration pushes to expand domestic production. The company, Phoenix Tailings, recently got a $500 million loan from the Pentagon to ramp up its work, after starting out eight years ago as a backyard lab seeking a cleaner metal-refining method. It's just the latest critical minerals company the government has backed. The task that workers carry out in heat-resistant suits and sealed face masks has become more urgent as the Iran conflict draws down key munitions such as Tomahawk ...