US and EU Form Partnership to Secure Critical Minerals Supply
The US and the European Union signed an agreement on critical minerals to enhance supply security and reduce reliance on China. This memorandum marks a deepened coordination among Western allies regarding materials vital for advanced manufacturing.
The US and the European Union on Friday deepened their coordination on critical minerals as part of a broader push by Western allies to loosen China’s grip on materials crucial to advanced manufacturing. US Secretary of State Marco Rubio and European Union Trade Commissioner Maros Sefcovic signed a memorandum of understanding for a partnership on producing and securing critical minerals. Rubio did not mention China in his remarks, but said the preliminary agreement with Brussels reflected...