China’s Rare-Earth Leverage and U.S. Strategic Supply Chains

USA Rare Earth reports commercial-scale Serra Verde shipments and initial sales, but sustained output and reduced U.S. dependence remain unproven. The Army is negotiating with REalloys for a right of first offer, not committing to buy; Myanmar diversification faces rebel-controlled mines and no reported U.S. access breakthrough. Track delivered capacity, construction, and customer qualification.