It's unrealistic to believe the U.S. can break China’s monopoly over the rare earth element market through private investment and the opening of new domestic mines.

The global pandemic has exposed the utter dependence of the U.S. and the world on China for critical equipment and raw materials.

American companies across the board are striving to reduce their dependence on China as a source of manufacturing, but one industry sector is especially keen to bring production back to the U.S.

Boeing’s recent crisis represents just one of many complex global risk factors impacting aviation, aerospace and defense supply chains.