US convenes allies to strengthen critical minerals supply chains

"The U.S. initiative to bolster critical minerals supply chains addresses geopolitical risks and economic pressures strategically. This effort aims not only to promote domestic production but also to reinforce collaboration with allies to enhance supply stability. From environmental and clean energy perspectives, the supply of vital resources like rare earths is critical, impacting both the economy and national security. This movement represents a significant step amid ongoing changes in the international trade landscape, highlighting the increasing importance of trade policy and finance. However, the feasibility and sustainability of the derisking strategies will largely depend on future implementation outcomes."