United States of America: U.S. Department of Defense provides funding for the establishment of domestic processing capabilities for light rare earth elements (LREEs)

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Description

On 1 February 2021, the Department of Defense (DOD) announced awarding USD 30.4 million to Lynas Rare Earths Ltd (Lynas), the largest rare earth element mining and processing company outside of China,...

Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Feb 2021

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

Eligible firms

firm-specific

Affected Trading Partners

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