Treasury Secretary Scott Bessent stood up and said what every patriot has been waiting to hear: we are taking back our sovereignty by rebuilding the industrial backbone the left and outsourcing elites shipped overseas. That blunt honesty matters because national security and economic independence are inseparable, and it’s about time Washington moved from slogans to steel-and-concrete production.
The new plant in Sumter County, South Carolina will actually produce rare-earth magnets on American soil, ending a dangerous era when key components for our jets and chips were forged in Beijing’s supply chain. This isn’t some airy promise — companies like eVAC Magnetics are putting real money into U.S. factories so our defense and high-tech industries stop begging for scraps.
This is a win for American workers, not foreign state-run conglomerates; the Sumter project secured major federal support and tens of millions in incentives to get it off the ground and create hundreds of good-paying jobs. Those tax credits and Defense Production Act investments show that when the government and private sector actually cooperate, American manufacturing comes roaring back.
Make no mistake: China’s chokehold over the rare-earth refining and magnet manufacturing chain has been a deliberate, decades-long strategy to hold the West hostage. Rebuilding a “mine-to-magnet” capacity at home is not optional luxury — it is a national security imperative that turns a geopolitical vulnerability into strategic strength.
This administration’s moves to secure mining partnerships and investments abroad, from Ukraine to other friendly nations, are smart and necessary steps to diversify supply and blunt Beijing’s leverage. Real progress means pairing overseas access with domestic refining and manufacturing so America never again depends on a hostile power for the parts that keep our soldiers and economy safe.
Patriots should cheer when elected officials and businessmen act like Americans first — investing in plants, jobs, and sovereignty rather than shipping our future to an adversary. Keep the pressure on: demand more projects, more accountability, and more American-made supply chains until the phrase “made in the USA” means security, prosperity, and pride for every worker who earns it.

