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On November 3, retired four-star General Jack Keane, the Army's former Vice Chief of Staff, put a warning on the record: China "has made clear it is prepared to use [America's] dependence as leverage." The dependence he's talking about is America's reliance on Chinese rare earths. And he didn't say it from a cable news set. He said it as a director of REalloys [NASDAQ: ALOY], the company the Army recently selected for exclusive negotiations to build a plant to process dysprosium and terbium on one of its own military bases. And the timing couldn't be more critical. According to U.S. Treasury Secretary Scott Bessent, the truce that has kept Beijing's widest rare earth rules on hold now runs only until January 10, 2027.
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