News Snapshot:
Bloomberg (Bloomberg) -- America’s only rare-earths producer has agreed a deal to ship output from its new processing plant to Japan, part of a broader move by the US and allies to reduce China’s role in their critical supply chains.Most Read from BloombergMcKinsey Plans to Eliminate About 2,000 Jobs in One of Its Biggest Rounds of CutsHow Much Do Investors Say They Need to Retire? At Least $3 MillionRussia’s War on Ukraine, China’s Rise Expose US Military FailingsChina Urges State Firms to Drop Big Four
