In a bid to reduce China’s dominance in the rare-earth magnet sector, two U.S. startups have secured a $1.4 billion deal with the Trump administration and private investors.Equity Deal Backs Rare-Earth RecyclingAmerican Resources Corp. (NASDAQ:AREC), through its holdings in ReElement Technologies and with Vulcan Elements, announced a $1.4 billion deal with the U.S. government to build a fully domestic rare earth magnet supply chain.The agreement features a $620 million loan from the U.S. Department of War's ...