Trump administration invests in another U.S. rare earth miner

(AP) – The U.S. is taking a minority stake in an Oklahoma rare earth miner, the latest government investment in the sector as it seeks to minimize its reliance on imports of a material used prevalently in smartphones, robotics, electric vehicles and many other high tech products.

China processes more than 90% of the world’s critical minerals and has used its dominance in the market to gain leverage…