General Electric Co. (GE) led companies in urging Congress to spur U.S. production of rare earths, needed for wind turbines, aircraft engines, medical devices and cell phones, and to reduce dependence on supplies from China.
Congress is considering two bills that would require the Interior Department to report on U.S. mineral resources and production limits. Lawmakers led by Representative Henry Johnson, a Georgia Democrat, also want the U.S. to consider risks of disruptions in rare-earth supplies from overseas.
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Good idea…