Pentagon’s Drone Push Struggles Against China’s Rare Earth Control

The Pentagon has embarked on an ambitious drone program, aiming to acquire over 300,000 drones by early 2028, with a recent order for 30,000 attack drones. However, a critical hurdle looms as these drones rely on rare earth magnets, of which 98% are sourced from China, raising national security concerns. Realloys (NASDAQ: ALOY) has emerged as a key player in addressing this challenge by establishing a non-Chinese heavy rare earth supply chain in North America. The geopolitical significance of China’s dominance in rare earth production has been underscored by recent events in Ukraine, where drones powered by Chinese magnets played…