Experts Warn of US Vulnerability Due to China's Domination of Critical Minerals
China has established a significant control over the global supply of critical minerals, with experts cautioning that this dependence poses a substantial risk to US national security. Currently, China dominates approximately 70% of the world’s critical minerals mining and around 90% of processing capacities. These minerals are essential for a variety of technologies, including semiconductors, electric vehicle batteries, and military weaponry.
US lawmakers express concern that if relations with China deteriorate, a complete cutoff of these materials could occur, severely impacting the US auto industry and defense capabilities. China's mining operations are heavily subsidized, allowing it to manipulate prices and strengthen its market position, which some officials argue undermines domestic mining efforts in the US.
To address this pressing issue, Rep. Rob Wittman has introduced legislation aimed at enhancing the US critical mineral supply chain. His proposed bills suggest collaborations with allied countries and establish domestic reserves to mitigate price manipulation by China. Experts advocate for reducing the bureaucratic hurdles involved in US mining regulations to encourage local production.
Additionally, there are calls for stronger partnerships with countries rich in resources, such as Canada and Australia, as well as tapping into underutilized U.S. reserves. The growing competition over critical minerals underscores an urgent need for strategic action as the geopolitical landscape continues to evolve.
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