Trump urged by CEO to nationalise the only US rare-earths mine

July 18, 2017

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The head of an advanced-materials manufacturer said he met with President Donald Trump’s chief strategist, Steve Bannon, on Monday to persuade him that the US should nationalise the country’s only mine of rare earth minerals, which are used in military applications.

“The staff understood the urgency of the matter,” Michael Silver, CEO of closely held American Elements Corp, said in a phone interview after his White House meeting, which he said was also attended by presidential deputy assistant Sebastian Gorka and White House chief of staff Reince Priebus.

Category: General