Under the partnership, Vulcan Elements will build and operate a 10,000-metric-ton magnet production facility in the U.S.

In his second term, Trump has sought to strengthen the domestic supply of critical minerals and rare earth elements.

The deal with Vulcan Elements and ReElement Technologies is a strong sign the Pentagon is intent on building a supply chain to reduce China’s control.

The Committee of the Whole recommended the Common Council approve the marina contract with Edgewater Resources.