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Economy News

The Economic Times

Economy / The Economic Times

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US, EU deepen cooperation on critical minerals to counter China reliance

America and the European Union are boosting cooperation on vital minerals. This partnership aims to reduce dependence on China for materials essential for modern industries. Officials signed an agreement to secure and produce these minerals. A separate trade plan will address unfair practices. This move strengthens transatlantic ties and seeks diverse supply chains for future technologies.

25 Apr 2026 7:52 am