The European Union and the US are nearing a deal to coordinate critical minerals production and supply chains, aiming to reduce reliance on China. The proposed agreement, reported by Bloomberg News on Friday, would introduce incentives such as minimum pricing mechanisms to support non-Chinese suppliers, according to a draft action plan seen by the news outlet. The plan also calls for cooperation on standards, investment and joint projects, along with coordinated responses to potential supply disruptions from countries such as China. The two sides are also seeking to enlist other “like-minded” partners into a broader ... (full story)