The 75-Year Army Deal That Could Reshape America's Rare Earth Supply
Verified: 2 outlets have reported this story since Nov 10.
The U.S. Army has signed a non-binding term sheet with REalloys (NASDAQ: ALOY) to build the first-ever commercial rare earth processing operation on a U.S. military installation. The plan covers 200 acres at Tooele Army Depot in Utah, a lease that could run as long as 75 years, and provides first access for the Army to the rare earth products produced at this facility. Those metals are dysprosium and terbium. Every F-35, Tomahawk missile, and Virginia-class submarine depends on magnets made with them, and China produces nearly every ounce of both.…
How sure are we
Two or more outlets reported this story and its reliability score reached 65%, so WorldPulse marks it verified. That means more than one outlet says so, not that it is proven true.
Who reported it
Also reported by aliran.com (found in GDELT's list of news articles)
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What moves the score
Not in the score: AI checks and reader flags. Verified is separate: two or more independent outlets and a score of at least 65%.
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