Would a Ukraine-US deal on rare earths provide a workaround to China’s curbs?
The United States may gain new sources of key minerals from Russia and Ukraine, potentially weakening China's rare earth export controls. A deal with Ukraine, Moscow’s wartime rival, could be signed as early as Friday. Warmer relations with Russia could also lead to increased mineral shipments to American manufacturers.
Ukraine possesses significant reserves of lithium, graphite, neodymium, and other metals essential for high-tech manufacturing. These resources could provide an alternative to China's near-monopoly on rare earth minerals, which Beijing has used as leverage in its trade war with the US. Representatives from Washington and Moscow have agreed to work towards ending the Ukraine war, potentially paving the way for increased cooperation on mineral extraction and trade.
via SCMP Full Text Feed
The United States may gain new sources of key minerals from Russia and Ukraine, potentially weakening China's rare earth export controls. A deal with Ukraine, Moscow’s wartime rival, could be signed as early as Friday. Warmer relations with Russia could also lead to increased mineral shipments to American manufacturers.
Ukraine possesses significant reserves of lithium, graphite, neodymium, and other metals essential for high-tech manufacturing. These resources could provide an alternative to China's near-monopoly on rare earth minerals, which Beijing has used as leverage in its trade war with the US. Representatives from Washington and Moscow have agreed to work towards ending the Ukraine war, potentially paving the way for increased cooperation on mineral extraction and trade.
via SCMP Full Text Feed
