China's chokehold on critical minerals puts US in 'unfathomable' national security bind: experts
Briefly

from New York Post3 weeks ago
"The fact that we are reliant on China for defense equipment is just a completely unfathomable and untenable situation," said Pini Althaus, CEO of the New York-based firm USA Rare Earth.
New York Posthttps://nypost.com/2025/01/13/business/chinas-chokehold-on-critical-minerals-puts-us-in-unfathomable-national-security-bind-experts/
"Quite frankly, they can turn off the faucet," Althaus added, emphasizing the potential consequences if the US-China conflict escalates.
New York Posthttps://nypost.com/2025/01/13/business/chinas-chokehold-on-critical-minerals-puts-us-in-unfathomable-national-security-bind-experts/
China has also snapped up mineral rights throughout Africa... as part of its Belt and Road Initiative - on highly favorable terms.
New York Posthttps://nypost.com/2025/01/13/business/chinas-chokehold-on-critical-minerals-puts-us-in-unfathomable-national-security-bind-experts/
When the US or other rivals make progress on mining, China often responds by flooding the market... which sends prices tumbling and kills the incentive to invest in projects.
New York Posthttps://nypost.com/2025/01/13/business/chinas-chokehold-on-critical-minerals-puts-us-in-unfathomable-national-security-bind-experts/
Read at New York Post
#critical-minerals #us-china-relations #national-security #trade-policy #rare-earth-metals
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