Trump administration to unveil rare-earths mineral stockpile to counter China

Original article by
abc.net.au – Page: Online : 3-Feb-26

The US is set to unveil a $US12 billion ($17.2 billion) investment in a strategic rare earths mineral stockpile in an attempt to counter China’s dominance of the sector. A Trump administration official says that commodities trading firms Hartree Partners, Traxys North America and Mercuria Energy Group would manage the procurement of raw materials for the stockpile, while once established, it will give key US companies access to a 60-day supply of minerals for emergency use

CORPORATES
HARTREE PARTNERS, TRAXYS NORTH AMERICA, MERCURIA ENERGY GROUP

US review boosts Australian minerals

Original article by Matthew Cranston, Jacob Greber
The Australian Financial Review – Page: 10 : 10-Jun-21

The Biden administration has released the findings of its review of the nation’s critical mineral supply chain vulnerabilities. Amongst other things, the report has called for the US to source more critical minerals such as rare earths from its key allies and partners in order to reduce its reliance in imports from China. The report noted that the US will still be highly dependent on China for the processing of critical minerals, given that the nation has limited onshore processing and refining capacity. Meanwhile, Prime Minister Scott Morrison says Australia has a "responsibility" to expand its endowment of critical minerals.

CORPORATES
UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET