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

Feb 12, 2026 - 23:00
China tightens hold on rare earth metals to counter US supply chain push

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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.

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