Beijing’s restrictions on the export of several critical minerals to Japan are part of efforts to pressure the U.S. ally to reverse what China describes as a path toward “remilitarization,” the Chinese Foreign Ministry said Monday. In January, China’s commerce ministry moved to tighten controls on exports of items with potential military applications to Japan,…
The Trump administration will meet with officials from over 50 nations on Wednesday to expand Project Vault, its $12 billion reserve for critical minerals, in a bid to end reliance on China. Vice President JD Vance and Secretary Marco Rubio will meet with representatives from Europe, Asia and Africa to expand this effort into a…
The United States has announced it will be investing $1.3 billion in Pakistan’s Reko Diq mine as part of its “Project Vault’. This project, announced by the State Department on Wednesday, aims to “reshape the global market for critical minerals and rare earths.” Based on the data provided by the State Department, Reko Diq is…
Days after securing a trade deal, India and the US seem to be moving forward together on yet another avenue – the Critical Minerals Ministerial, aimed at countering China’s global dominance. External Affairs Minister S Jaishankar attended the critical minerals summit where India was among 54 countries hosted by the Trump administration. US Secretary of…
(Bloomberg) — President Donald Trump is set to launch a strategic critical-minerals stockpile with $12 billion in seed money, a bid to insulate manufacturers from supply shocks as the US works to slash its reliance on Chinese rare earths and other metals. The venture — dubbed Project Vault — is set to marry $1.67 billion…
US President Donald Trump has put allies and trade partners on notice, invoking national security powers to ease China’s chokehold on critical minerals, warning global suppliers to negotiate agreements to secure reliable, diversified supplies for the US or face new trade barriers, including tariffs. In a proclamation signed on Wednesday, the “America first” president declared…
China now dominates in every technology that defines the modern world. According to the Australian Strategic Policy Institute’s 2025 Strategic Technology Tracker, released last week, China leads in seven out of eight AI categories, 13 out of 13 advanced materials and manufacturing technologies, in all seven categories of defence, space, robotics and transportation, nine out…
(Bloomberg) — China’s Premier Li Qiang came to the Group of 20 summit not only poised to defend his country’s rare earths curbs, but also armed with offerings to quell concerns of developing nations. Critical minerals became a defining theme of Africa’s first G-20 summit this weekend. Sessions were dedicated to the topic as European…
NEW DELHI: PM Narendra Modi Saturday proposed a G20 Critical Minerals Circularity Initiative, saying for global growth, sustainability and clean energy are essential, and critical minerals have a huge role to play.“Under this, innovations such as re-cycling, urban mining and second-life batteries can be promoted,” said Modi, addressing a G20 meeting in Johannesburg. This comes…
By Ernest Scheyder and Pratima Desai (Reuters) -China for decades has sought to manipulate global critical minerals prices, using its control as an economic weapon to expand its manufacturing sector and its geopolitical influence, a U.S. House of Representatives committee said on Wednesday. The allegations, contained in a 50-page report from the bipartisan U.S. House…