US and allies increase investments in critical minerals to reduce dependence on China

Summary

The US and allied nations are enhancing investments in critical minerals to decrease reliance on China, following China's export controls. Key actions include an $8.5 billion pact between the US and Australia, government investments in mining companies, and agreements with countries like Kazakhstan. However, experts warn that these measures may not fully eliminate dependence on China in the near term.

Recent Coverage

• The West’s New Critical Minerals Playbook

  Energy Intel • Dec 30