The U.S. government is planning to acquire more equity stakes in critical minerals companies, a White House official stated on Thursday. 

Government investment in public companies was once unusual, but is now considered necessary to challenge China’s dominant position in supplying the rare earth materials needed for many high-tech goods from semiconductors to EV batteries.

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Government Strategy and Justification

Critical minerals are essential for products ranging from industrial magnets to batteries. They are also vital components for defense systems, such as missile guidance systems, radar, and jet engines, as well as clean energy technologies. 

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