Washington Races to Break China's Grip on Critical Minerals as Processing Dominance Deepens
May 11, 2026·Stake & Paper Editorial Team
The U.S. and EU signed a strategic partnership on critical minerals in late April, part of a broader push to counter China's control over 90% of rare earth processing. But with copper facing a potential 30% supply shortfall by 2035 and lithium prices swinging wildly, the race to secure alternative supply chains is proving more complex than anticipated.
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