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Global Business News

The Economic Times

Global Business / The Economic Times

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Critical minerals: EU plans to join hands with US to counter China

The United States and the European Union have formed a partnership to find new ways to obtain critical minerals. These minerals are essential for many technologies used today. The collaboration seeks to reduce reliance on China for these vital resources. Both the US and EU currently depend heavily on China for abundant and inexpensive minerals. This dependence gives Beijing influence over their supply chains.

3 Feb 2026 11:49 pm