The European Union plans to establish its first joint stockpile of critical minerals, including tungsten, rare earths, and gallium, to reduce dependence on China. Major ports are being considered for storage.

The ⁠European Union has shortlisted ⁠tungsten, rare earths and ⁠gallium for its first joint stockpile of critical minerals aimed at reducing its reliance on China, according to three sources familiar with the matter. The EU is also talking to major ports ‌including Rotterdam in the Netherlands, the region’s biggest, to store the minerals, one of the three and a fourth source said. The move marks one of the bloc’s most concrete steps to insulate its economy from Beijing’s production dominance in....