The United States is intensifying efforts to reduce its dependence on imported critical minerals, particularly from China, as these resources are vital for national security and technological competitiveness. The Trump administration has prioritized reshaping supply chains to secure access to these minerals. Meanwhile, the Democratic Republic of Congo (DRC) remains a focal point in the global competition for critical minerals such as coltan, essential for electronics. Reuters journalists have reported on the harsh and dangerous conditions in rebel-held mining areas in eastern Congo, where conflicts over mineral wealth have resulted in millions of deaths and widespread displacement over decades. China has recently introduced new regulations to tighten control over the mining and processing of rare earth elements, including extending oversight to imported minerals and mandating monthly reporting by enterprises. These measures aim to consolidate China's dominance in the rare earth sector, which is crucial for semiconductors, defense, and other industries. Additionally, South American countries like Brazil, Chile, and Bolivia are emerging as important players in the critical minerals market, with upcoming elections in Chile and Bolivia expected to boost mining activities, particularly in lithium production and resources. This development could present opportunities for the U.S. in diversifying its mineral supply chains.
Should the 🇺🇸 play its cards right, this could be a hopeful moment in its scramble for critical minerals in South America. In addition to opportunities in 🇧🇷, elections in 🇨🇱 (#2 in lithium production) and 🇧🇴 (#1 in lithium resources) are expected to lead to increased mining. https://t.co/bt4k3wKls3
🔊 6 million lives lost in decades-long conflicts, millions displaced as rival groups fight for control of Congo’s rich mineral wealth. Reuters journalist @giuliaparavicin gains rare access to a mine in rebel-held territory. Tune in https://t.co/LtfpDGA8Lo https://t.co/y5I8GQHlXz
China has rolled out new interim measures to regulate the rare earth sector in the latest effort to tighten its grip over the metals critical to global semiconductor, defense, and other sectors. https://t.co/IyFl7camn6