Trump Team Outlines Push for Rare Earths in Meeting With Executives

The White House met last week with top technology and recycling companies to discuss ways to quickly ramp up production of permanent magnets using rare earth elements, which have emerged as a key point of leverage in the trade war with China.

Trade adviser Peter Navarro convened the meeting and told the executives that the administration is planning a major push to boost US production of the minerals, using incentives including guarantees of minimum prices to producers, according to people familiar with the event who asked not to be identified discussing a matter that isn’t public.