Trump Just Gave China Devastating News — Beijing in All Out Panic Mode

The Energy Department announced a program for research into U.S. mining of rare earth elements.

These rare earth elements are crucial for production of electronics, military equipment and some medications.

According to Rep. Lou Barletta (R-Pa.), 100 percent of America’s supply of these elements comes from China.

Currently, China supplies 85 percent of the world’s overall production, according to the congressman.

The elements – which include Yttrium, Scandium, Neodymium and Cerium – can be extracted in a variety of ways, including in the aftermath of coal mining.

The Energy Department said it will invest nearly $7 million into researching ways to mine and produce these elements in the United States.