So-called rare earth elements refer to 17 chemically-similar, silvery-white elements that are used to make magnets – which in turn power motion for electric vehicles, cell phones, missile systems and other electronics.

As the U.S. pushes to move away from a reliance on China’s rare earth minerals, New England-based Phoenix Tailings is part of a new group of start-ups looking to fill the gap.

Stay ahead with updates on the Arkansas Lithium Innovation summit, G7 talks, and U.S. strategies for critical minerals.

Mining stocks are particularly risky due to the very high cost and long process of developing and expanding mines. Buying an exchange-traded fund (ETF) can be a less risky way to gain exposure to critical minerals and rare-earth elements relative to buying individual stocks.

The U.S. doesn’t produce the minerals and metals needed for renewable energy, microchips or military technology. Authorities want to change that as quickly as possible.

Aclara Resources CEO Ramón Barúa Costa addresses how his company is joining the U.S.' push for rare earth independence from China on 'The Claman Countdown.'