The European Union is preparing to deepen cooperation with the United States on critical minerals as both seek to reduce reliance on China. The proposed partnership would support joint mining, processing, and price-stabilization efforts while improving supply-chain resilience. The plan dovetails with President Trump’s aggressive push to stockpile key materials and shield US manufacturers from future disruptions.
EU officials are moving toward a minerals pact with the US to counter China’s dominance, backing joint mining, pricing protections, and supply-chain security—aligned with Trump’s $12B Project Vault stockpile push. #RareEarths #US #EU #China #ProjectVault pic.twitter.com/NHYnqsDxyh
— Matthew Brady (@mattbrady775) February 3, 2026
- The European Union plans to propose a new critical-minerals partnership with the United States to reduce dependence on China, according to Bloomberg.
- The EU is prepared to sign a memorandum of understanding within three months, creating a “Strategic Partnership Roadmap.”
- The proposal includes joint mining and processing projects, price-support systems, and safeguards against market manipulation and oversupply.
- The draft stresses respect for territorial integrity following tensions linked to Donald Trump’s comments on Greenland.
- The initiative follows China’s rare-earth export controls imposed last year, some of which were eased after talks between Trump and Xi Jinping.
- The plan aligns with Trump’s $12 billion “Project Vault” strategic mineral stockpile, backed by companies including General Motors, Boeing, and Google.
