Podcast cover: Planet Money

Planet Money

The economy explained. Imagine you could call up a friend and say, “Meet me at the bar and tell me what’s going on with the economy.” Now imagine that’s actually a fun evening.

At one point in history, one U.S. company monopolized the rare earths industry. Then China took over the industry. Can the U.S. bring it back?

Rare earths are critical to making, like, everything. From smart phones to electric vehicles to microwaves. They’ve also become a powerful political weapon for China, which controls the majority of mining and processing of rare earths. 

Today, we have the story of the rise and fall of America’s rare earth industry told through that single company. It’s a corporate saga made for prestige television about the elements that literally, once, made prestige televisions. 

Live event info and tickets here. 

Pre-order the Planet Money book and get a free gift. / Subscribe to Planet Money+

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This episode was produced by Emma Peaslee and edited by Marianne McCune. It was fact-checked by Sierra Juarez and engineered by Cena Loffredo and Jimmy Keeley. Alex Goldmark is Planet Money’s executive producer.

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