What's the point at which manufacturers decide to shift production from China and return it to the U.S.? Gregory Burkart, managing director and leader of the Site Selection & Incentives Advisory Practice of financial consultancy Duff & Phelps, offers some insight into the calculation.

When it comes to global manufacturing and sourcing strategies, the coronavirus pandemic has amplified and accelerated a number of trends that were already well underway before it began.

These are the necessary steps toward developing a research-and-development partnership among the private sector, government and academia to wrest control of the REE supply chain from China.

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.