US, EU deepen cooperation on critical minerals with eye to broader agreement
Geopolitics · Mining.com ·
The United States and the European Union announced plans to deepen cooperation on critical minerals through joint financing, coordinated trade measures, and aligned investment incentives. The agreement includes collaboration on setting price floors and subsidies to bolster non-Chinese suppliers of rare earths, lithium, and cobalt. The move is part of a broader Western push to weaken China's grip on critical mineral supply chains.