Feb 9 (Reuters) - USA Rare Earth Llc said on Thursday
former U.S. Secretary of State Mike Pompeo has joined the
company as a Strategic Advisor.
"USA Rare Earth's supply is critically important to reduce
foreign dependencies while creating additional American jobs,"
Pompeo said.
Rare earth elements form an important part of President Joe
Biden's initiative to transition towards clean energy as they
are used in electric vehicles, electronics, and defense
industries.
USA Rare Earth, which had planned to go public in 2021, is
developing the Round Top rare earths deposit in Texas.
(Reporting by Sourasis Bose in Bengaluru; editing by
Uttaresh.V)
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