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THE DILEMMA IS EASY TO DESCRIBE. Global efforts to combat climate change hinge on pivoting sharply away from fossil fuels. To do that will require electrifying transportation, primarily by shifting from vehicles with combustion engines to ones with electric drive trains. Such a massive shift will inevitably mean far greater use of electric traction motors, nearly all of which rely on magnets that contain rare earth elements, which cause substantial environmental degradation when their ores are extracted and then processed into industrially useful forms. And for automakers outside of China, there is an additional deterrent: Roughly 90 percent of processed rare earth elements now come from China, so for these companies, increasing dependence on rare earths means growing vulnerability in critical supply chains.