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Jacob Lawrence | Rare Earth Talent Scramble Lures 86-Year-Old From Retirement | Bloomberg Businessweek, Sonic AI
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Rare Earth Talent Scramble Lures 86-Year-Old From Retirement | Bloomberg Businessweek
Bloomberg Businessweek
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Jul 10, 2026
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11:36
Interview
Rare Earth Talent Scramble Lures 86-Year-Old From Retirement | Bloomberg Businessweek
From
Bloomberg Businessweek
Carol Massar
(Bloomberg Businessweek anchor and financial…)
•
Lisa Mateo
(Host and news reporter for Bloomberg)
•
Jacob Lawrence
(Bloomberg News North American Metals and Mining…)
•
Jacob Lorinc
(Guest)
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Executive Summary
The United States is attempting to rebuild its domestic rare earth supply chain but faces a critical shortage of skilled engineers and metallurgists.
This talent crisis is a direct result of outsourcing the industry to China decades ago, which now dominates the field with a vast, specialized workforce and dedicated university programs.
To compensate for the 'brain drain', US firms are hiring experts out of retirement and engaging in fierce competition for the small pool of available talent.
Despite government funding to revive the sector, efforts are hampered by a lack of qualified instructors, uncompetitive salaries compared to other engineering fields, and long permitting timelines for new facilities.
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