Pentagon Makes Significant Move to Address China’s Control Over Key Minerals
Pentagon to Acquire Major Stake in Rare Earth Mineral Company The Pentagon is poised to become the largest shareholder of MP Mineral, the only rare earth mineral company in the U.S. with active mines, as announced on Thursday. The Department of Defense (DOD) will invest $400 million in MP Mineral, which runs the only rare […]
Cotton bill aims to speed up US mining to challenge China’s control over minerals
Senate Republicans Pushing for US Raw Material Independence in Defense Senate Republicans are looking to strengthen the United States’ military capabilities amid increasing competition with China, aiming to reduce dependency on imported key raw materials essential for defense systems. Senator Tom Cotton from Arkansas plans to introduce legislation aimed at streamlining the extraction of U.S. […]
Can minerals bring peace? Ensuring the Rwanda-DRC agreement holds.
A peace agreement facilitated by the US was signed on June 27 between the Democratic Republic of the Congo and Rwanda. This deal underscores the significance of economic collaboration and territorial respect, with promises of Western investment tied to it. It marks a vital step in mineral trade and presents a second chance at peace. […]
How the U.S. Can Free Itself From China’s Control of Minerals
The US has a genuine opportunity to end its troubling reliance on the People’s Republic of China (PRC) for rare earth elements, but industry experts argue that decisive action is necessary. Rare earth elements comprise a group of 17 metals that are vital for manufacturing everything from vehicles and weapon systems to wind turbines, smartphones, […]
U.S., Australia, India, and Japan Establish Key Minerals Alliance
New Partnership on Key Minerals Announced by Rubio Secretary of State Marco Rubio convened with ministers from key US allies—Australia, India, and Japan—on Tuesday to unveil a new collaboration focused on essential minerals. Rubio mentioned that up to 40 companies would participate at the State Department for discussions on diversifying mineral supply chains and fostering […]
Treasury secretary states that the Ukraine minerals agreement could ignite economic growth similar to post-Cold War levels.
Potential Economic Boost for Ukraine Post-Conflict Treasury Secretary Scott Bescent is optimistic that Ukrainian President Volodymyr Zelensky could significantly improve his country’s economy through a US-mediated mineral trade agreement. “I often say that economic security equates to national security,” Bescent remarked in a conversation with Miranda Devine on her podcast, Podforce 1. He added that […]
Essential Minerals Drive Global Rivalries – Crude Oil Prices Today
Critical Minerals and the Clean Energy Revolution The clean energy sector hinges on a reliable supply of essential minerals necessary for producing various technologies, including wind turbines and electric vehicle batteries. These “critical” minerals aren’t necessarily rare, but they aren’t evenly distributed around the globe, which can lead to geopolitical tensions as demand for these […]
Trump Proposes Trade Agreement with China for White Collar Workers in Exchange for Minerals
Trump Promotes Controversial Trade Deal with China President Donald Trump is advocating a draft trade agreement with China that introduces some unprecedented trade elements. It’s interesting, really, how a university graduate from China may be filling positions that American alumni are vying for. “Our agreement with China will be executed and is subject to final […]
Trump Proposes Trade Agreement with China for White Collar Workers in Exchange for Minerals
President Donald Trump is endorsing a draft trade agreement with China that introduces some unconventional trade elements. There’s a noticeable concern, as graduates from China are filling positions that U.S. alumni covet. “Our deal with China will proceed and needs final approval from President Xi and myself,” Trump communicated via True Society on June 11th. […]
Rare earth minerals from China linked to forced labor, says rights group
Human rights organizations have reported that rare earth minerals in China are produced using forced labor. This comes as President Trump lauded a recent agreement with President Xi Jinping that simplifies the supply of “full magnets and necessary rare earths” to the United States. A report from Global Rights Compliance (GRC), which focuses on humanitarian […]