US Pushes Allies to Cut China's Grip on Rare Earths Amid Market Risk
TL;DR Summary
The United States is pressing its G7 partners and other major economies to accelerate cutting reliance on China for rare earths and other critical minerals, citing strategic and market risks. Treasury Secretary Scott Bessent plans to push the issue with finance leaders, while China’s grip has already seen export restrictions that heighten Western supply concerns. A recent Australia deal aims to ease Beijing’s control via an $8.5 billion project pipeline, but there is currently no joint action expected, with progress described as ongoing but not solved.
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- IP26004 | China’s Strategic Design and Cautious Calibration of Rare Earth Leverage S. Rajaratnam School of International Studies (RSIS)
- Unearthing a rare earth war – 13 January 2026 Herald Goa
- China Rare Earth Industry Association held its 2025 Optical Materials Conference Rare Earth Exchanges
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