Pete's Dragons, a charity with its head office in Exmouth, has been chosen for the 2025 event.
"Manufacturers, particularly in defence and high-tech, face potential shortages and production delays due to halted shipments and limited inventories," said Dr Harper."Prices for critical rare earth materials are expected to surge, increasing the immediate costs of components used in a wide range of products, from smartphones to military hardware," he says, adding that this could result in potential production slowdowns for affected US companies.
If such a shortage from China persists in the long-run, the US could potentially begin diversifying its supply chains and scaling up its domestic and processing capabilities, though this would still require "substantial and sustained investment, technological advancements and potentially higher overall costs compared to the previous dependence on China".And it's clear this is something already on Trump's mind. This week, he ordered an investigation into the national security risks posed by the US' reliance on such critical minerals."President Trump recognises that an overreliance on foreign critical minerals and their derivative products could jeopardise US defence capabilities, infrastructure development, and technological innovation," said the order.
"Critical minerals, including rare earth elements, are essential for national security and economic resilience."The US has one operational rare earths mine, but it does not have the capacity to separate heavy rare earths and has to send its ore to China for processing.
There used to be US companies that manufactured rare earth magnets - until the 1980s, the US was in fact the largest producer of rare earths.
But these companies exited the market as China began to dominate in terms of scale and cost."It was just horrendous, just really, really shocking. It's been upsetting - I've been speaking to the neighbours, who've had their windows smashed, their car windows smashed.
"It's nothing we see in our normal day-to-day. It's ruining a lot of people's lives, and livelihoods."They can't go to work, they can't make ends meet."
Asked about the aftermath of the riots, he said: "The general public feel like they've been failed by the police because they couldn't keep them under control. But from their side, they were outnumbered. We're just looking at ways it can be prevented in the future."Asked if, as a Muslim, he had encountered racism like this before, he said "never".