Article

A newly discovered rare earth mine in Sundance, Wyoming, valued at approximately $130 billion, could significantly impact the U.S. economy by enhancing supply chain independence from China. The site contains vital materials for high-tech applications, and American Rare Earths plans to move forward with development, aiming to commence extraction in a few years, pending regulatory approvals. The project is expected to create jobs, strengthen U.S. manufacturing, and address environmental concerns through sustainable practices, with oversight from the Department of Energy and Department of Defense.