EU, U.S. sign critical minerals plan to counter China reliance | Metals Mine

  • EU, U.S. sign critical minerals plan to counter China reliance

    From bnnbloomberg.ca

    The European Union and United States signed an agreement Friday to co-ordinate on the supply of critical minerals needed for key industries including defence, as China’s dominance becomes a growing concern. The pact marks a rare embrace by U.S. President Donald Trump’s administration of the role of the EU, which it often berates as it instead champions right-wing populists within Europe. Flexing its muscle at times of tension, Beijing has restricted exports of critical minerals needed for products including semiconductors, electric vehicle batteries and weapons systems. “The overconcentration of these ... (full story)

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