Rare Earth Boom: Defense Heavyweight Joins Critical Mineral Effort

OilPrice · Michael Scott · last updated October 20, 2025 – 4:36 PM

The escalating geopolitical competition over critical mineral supply chains has driven a major corporate maneuver, as REalloys Inc., a company focused on establishing a North American mine-to-magnet rare earth pipeline, announced it has appointed Stephen S. duMont, president of GM Defense, as its non-executive chairman of the board of directors. The move links one of North America’s leading defense industry figures directly to the effort to secure the materials essential for advanced military and green energy technologies. REalloys, which…

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