A close-up photograph of a golden-orange circuit board with various electronic components. In the foreground, a prominent rectangular microchip displays the American flag on its left half and the Chinese flag on its right half, separated by a jagged black lightning bolt. The circuit board and components are bathed in warm, glowing light.

    China Controls One Pivotal “AI Chokepoint.” Why America Can’t Fix Its Rare Earths Problem Overnight

    Quick Read IperionX (IPX) Titan project in Tennessee projects $813M NPV and 39.4% IRR, yet single projects can’t replace China’s multi-decade processing ecosystem. The Pentagon’s FY2027 budget commits $48.8 billion to close the rare earth processing gap China built over decades of institutional know-how. Act now: the analyst who called NVIDIA in 2010 just named…

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