US pushes critical minerals trade bloc to counter China
US Vice President JD Vance has unveiled plans to marshal allies into a preferential trade bloc for critical minerals as Washington escalates efforts to loosen China’s grip on materials crucial to advanced manufacturing. China has wielded its chokehold on the processing of many minerals as geo-economic leverage, at times curbing exports, suppressing prices and undercutting other countries’ ability to diversify …
Continue Reading
US, UK ink partnership deal on critical minerals
The US and the UK signed an agreement to secure the supply chain of critical minerals and promote investments, according to a statement by the UK Business and Trade Department on Thursday. State representatives from the two countries inked a new partnership deal in Washington, DC, on Wednesday, in line with the UK’s Critical Minerals Strategy. The deal is expected …
Continue Reading
Italy, France and Germany push EU towards critical minerals stockpiling
Europe’s three largest economies are moving to place critical raw materials into the realm of strategic reserves, signalling that access to key industrial inputs is no longer viewed as a purely commercial matter. According to sources cited by Reuters, Italy, France and Germany are leading discussions within the European Union on the creation of a coordinated stockpiling system for critical …
Continue Reading