US EditionEU to Offer U.S. Critical Minerals Partnership to Check China
7 Articles
7 Articles
The European Union will propose to the United States a partnership on critical minerals to curb China’s influence. It seeks to take advantage of Donald Trump’s government’s momentum to conclude global agreements this week. The EU is ready to sign a memorandum of understanding with the US to develop a “strategic partnership roadmap” within three months, according to people familiar with the issue. The association seeks to jointly find ways to sup…
The memorandum suggests that Europeans and Americans explore joint projects for critical minerals and mechanisms to support prices.
Critical minerals: EU plans to join hands with US to counter China
The United States and the European Union have formed a partnership to find new ways to obtain critical minerals. These minerals are essential for many technologies used today. The collaboration seeks to reduce reliance on China for these vital resources. Both the US and EU currently depend heavily on China for abundant and inexpensive minerals. This dependence gives Beijing influence over their supply chains.
The European Union will propose to the United States a partnership in the field of critical minerals to reduce China's influence, trying to model the efforts of the Trump administration to conclude global agreements this week. The EU is ready to...
The aim of the initiative is for Brussels and Washington to work together to find a way to procure critical minerals.
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