Folk Hero: Scott Jennings Catches Flack for Mocking the Left’s Love Affair with...
Where’s the Money? Kamala Campaign Fundraiser’s Shocking Defection from Dem Party Cult
Discomfort and Joy: Christmas Pay Cut Arrives for MSNBC’s Ridiculous ReidOut Host
Grounded Monkeys: Scott Adams Praises Biden for Destroying Dem Party and Clipping Legacy...
‘I Like My Suitcase!’: Viral Barron Trump Dance Club Track and Paris Hilton,...
Convicted Murderer Complains He Had a White Jury, and That's Not Law, It's...
President Trump Has Been President for Over a Month and Hasn't Done One...
Weaponization Committee Issues Report on the 'Censorship-Industrial Complex'
Report: Boy Rubs Himself With Lotion in Girls' Locker Room to 'Prevent Chafing'
GENDER BIAS: End Wokeness Points Out Misleading Graphic on Homelessness
Wajahat Ali Wants to ‘F Elon Musk and His Ghouls to the Lowest...
Despicable: Joe Biden Kept Families of Fallen Marines Waiting Hours While He Napped...
Sen. Sheldon Whitehouse Still Working on Racially Integrating His Beach Club
It's Not About the Climate: Activists Throw Paint on a Tesla to Stick...
Senators Release Report on 20-Month Investigation Into SCOTUS 'Ethics Crisis'

'Way to go, Beijing Biden': The Pentagon is set to award $35 million to a mining company with significant ties to the Chinese government

As Joe Biden continues to expose his political and diplomatic ineptitude Vladimir Putin and Russian aggression in Ukraine, it’s vital that we don’t forget that Joe Biden is a disaster on international relations in general.

Advertisement

Case in point:

Uh-oh!

*Chef’s kiss*

Of course it didn’t.

More from the Washington Free Beacon’s Chuck Ross:

President Joe Biden announced at the event that the Pentagon would award $35 million to the Las Vegas-based MP Materials in an effort to boost U.S. rare mineral production. But MP Materials has arguably allowed China to tighten its grip on the world’s rare earth minerals supply chain. Shenghe Resources Holding, which is partially owned by the Chinese government, owns 8 percent of the company. Shenge spearheaded the deal in 2017 to help MP Materials purchase a mine at Mountain Pass, Calif., out of bankruptcy. The Chinese company is also MP Materials’s largest customer, accounting for nearly all of its $100 million annual revenue.

The Pentagon award will subsidize MP Materials’s production of heavy rare earth minerals at its mine at Mountain Pass. The minerals are used to produce high-powered magnets used in electric vehicle motors, wind turbines, and defense systems.

James Kennedy, a consultant in the rare earth minerals industry, has raised concerns about other Pentagon grants to MP Materials. Kennedy called Shenghe’s investment in MP Materials a “geopolitical ruse” that helps China maintain a monopoly on the rare earth minerals market.

Advertisement

Alrighty then.

Relax, world: Joe Biden’s as tough on China as he is on Russia.

Can’t wait to see what tomorrow brings.

Join the conversation as a VIP Member

Recommended

Trending on Twitchy Videos

Advertisement
Advertisement
Advertisement