China’s Naval Shipbuilding and U.S. Industrial Capacity
A Euronaval figure puts China’s combat-ship construction at 636,208 tons in 2024–25, more than twice U.S. output, while the U.S. still has the larger reported fleet by total tonnage. Planned Phoenix Tailings facilities add to the domestic rare-earth processing push, including a $375 million Rochester project, but timelines and projected output are not yet achieved.
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Updated Oct 21, 2026