⚡️ US-China 'Mineral War' Intensifies: US Unveils Plan to Reduce Dependence on China
The global supply chain landscape is undergoing major changes, and the commodities market is facing stormy times.
Core Developments:
According to Reuters, US Treasury Secretary Scott Bessent has formally challenged China's dominance in critical mineral sectors. He is actively urging the G7 (Group of Seven) and its allies to take more aggressive actions to sever reliance on Chinese rare earths and critical minerals.
Key Points of the Plan:
🔹 Leadership Role: Bessent proposes holding a dedicated meeting to discuss rare earth security at the 2025 June G7 Summit in Canada.
🔹 Ultimatum: The US will act first with countries that share the same sense of urgency, while others can join later.
🔹 Strategic Goal: Establish a global mineral supply chain completely decoupled from China.
What Does This Mean for Investors?
Given China's control over the majority of global processing capacity for rare earths and critical minerals, this geopolitical move will directly impact:
1️⃣ High-tech Industries: Costs for chips, semiconductors, and defense equipment may surge.
2️⃣ New Energy Sector: Supply chains for battery raw materials such as lithium, cobalt, and nickel will undergo restructuring, benefiting mining companies outside China.
3️⃣ Market Volatility: This strategy prioritizing 'economic security' over 'economic efficiency' may trigger a new round of global inflation risks.
Summary:
'The era of cheap resources' is ending, giving way to 'resource blocs.' This is not just a diplomatic博弈, but the core logic of the commodities market over the next decade.
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