Interesting, & not necessarily in a good way. This method could well presage unprecedented numbers of attempts at eminent domain takings or other means of forcing people out of their properties.
National security (by identifying and processing rare earth metals and materials domestically) is vastly more important to society than a few dozen homes somewhere.
And of course you would not mind owners of extraction company leaving all the profits to people who got kicked out of their home. After all they should be happy just fulfilling your "national security" goal.