U.S. Losing Control of Bombs to China Neodymium Monopoly

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Sept. 30 (Bloomberg) -- China has become the world's leading supplier of components crucial to U.S. defense systems, products once supplied by American companies such as Magnequench Inc. and Molycorp Inc. Bloomberg's Kevin Thrash reports. This report also contains comments from Teri Luna, a former employee at Magnequench, and Stan Trout, an adjunct physics professor at Marian University and former Magnequench employee. (Source: Bloomberg)

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