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US Startups Aim to Challenge China's Mineral Dominance

Primul articol: 12 apr. 2026, 15:03 | Ultima actualizare: 12 apr. 2026, 15:03 | 1 sursa | 1 articol
#minerals#supplychain#startups#economy

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Several US startups are actively engaged in projects to extract and process critical minerals, seeking to break China's near-monopoly in this sector. These efforts include developing innovative mining techniques, exploring domestic mineral deposits, and establishing processing facilities within the United States. The initiative is driven by concerns over supply chain vulnerabilities and the strategic importance of minerals used in various industries, including electronics, renewable energy, and defense.

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Inside the American Startups Trying to Break China's Mineral Chokehold Foto: Bloomberg
Bloomberg English 12 apr. 2026, 15:03 (acum 1 ora)

Inside the American Startups Trying to Break China's Mineral Chokehold

For over a decade, China has quietly built effectively a monopoly on the critical minerals that power everything from smartphones to fighter jets and the US is now racing to catch up. David Westin speaks with a New Hampshire startup called Phoenix Tailings, where CEO Nick Myers is trying to break China's chokehold on the supply chain. He also talks with author David Abraham, CFR's Heidi Crebo-Rediker, and former US Ambassador to China Nicholas Burns about how the US fell so far behind, and wheth

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