Overview

• The United States and other countries are working to secure critical minerals used in technologies like electric vehicles and reduce dependence on China.
• China dominates the processing of minerals like lithium and cobalt, giving it power over other nations that need these resources.
• The G7 and others aim to build more secure and resilient mineral supply chains to manage risks.
• The U.S. is exploring ways to develop its own mineral capacity and partner with resource-rich allies.
• The rush for critical minerals is fueling resource nationalism that threatens global trade and cooperation.