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US pitches critical minerals plan to allies to counter Beijing’s dominance

scmp.com

Wednesday, February 4, 2026

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US pitches critical minerals plan to allies to counter Beijing’s dominance
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In a direct challenge to Beijing’s decades-long grip on the hi-tech economy, the United States on Wednesday sought to rally more than 50 countries and the European Union around a landmark framework to loosen China’s control over the global critical minerals trade. “This morning, the Trump adminis...

In a direct challenge to Beijing’s decades-long grip on the hi-tech economy, the United States on Wednesday sought to rally more than 50 countries and the European Union around a landmark framework to loosen China’s control over the global critical minerals trade. “This morning, the Trump administration is proposing a concrete mechanism to return the global critical minerals market to a healthier, more competitive state,” US Vice-President J.D. Vance said in his opening remarks at the inaugural...

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