The U.S. and Saudi will mine and process the rare earths, and then that will go to the U.S., Saudi, and its allies in order to produce those magnets. Saudi officials say that they have 7 percent of the world's uranium and in fact it's colocated with all those rare earths that we were just talking about, and that asking the kingdom to mine uranium in addition to those rare earths would kind of — without enriching, without creating the nuclear fuel, would be kind of like asking Saudi Arabia to get all of the oil out of the sand many years ago without refining the oil. One solution here, Amna, that I'm told is that American companies could do the enrichment inside the United States, and Saudi Arabia thinks that might be more economically viable than doing the enrichment in Saudi Arabia.
Author: Nick Schifrin, Sonia Kopelev
Published at: 2025-11-19 23:50:57
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