Major law firms are chasing the surge in US critical and rare earths deals as President Donald Trump’s administration pumps billions of dollars into the industry. The goal is to break China’s grip on the raw materials for smartphones, electric vehicles, wind turbines and military weapons.
Bracewell’s Jason Hutt told Bloomberg Law the firm’s lawyers are fielding questions from clients about permitting, land use rights and federal funding.
“As this industry moves into the US on an increasing basis, we intend to capture a lot of that market share,” Hutt said.