China tightens hold on rare earth metals to counter US supply chain push

China is intensifying its focus on rare earth metals, with Premier Li Qiang visiting a major production base to underscore its strategic importance. This comes as the US builds an international coalition to secure critical mineral supply chains, launching a $12 billion "Project Vault" to reduce reliance on China's dominant position.

China tightens hold on rare earth metals to counter US supply chain push
China is intensifying its focus on rare earth metals, with Premier Li Qiang visiting a major production base to underscore its strategic importance. This comes as the US builds an international coalition to secure critical mineral supply chains, launching a $12 billion "Project Vault" to reduce reliance on China's dominant position.