Critical minerals are back on the scene: this bypasses the market of the US-China fight

Trump prepares a strategic reserve for non-military purposes of 12,000 million dollars

Critical minerals have returned to the scene after the latest moves made by the US. On the one hand, Donald Trump’s administration is preparing to launch a strategic reserve for non-military purposes of this type of mineral worth 12,000 million dollars, all with the aim of reducing dependence on China. And on the other, the United States, the European Union (EU) and Japan have formed a strategic alliance to strengthen supply chains for critical minerals. The fight for rare earths will mark the future of the markets this year. This is the belief of Thomas Mucha, geopolitical strategist at Wellington Management, who in the wake of the news about the US civilian reserve, called Project Vault, has reflected on the importance of critical minerals and also on the point at which the particular battle for hegemony between the US and China is located. According to him, markets are overlooking several issues in reference to critical minerals. “Commodities are driving major market changes so far this year, influenced by factors such as geopolitical instability. However, beyond gold, silver, copper… financial markets tend to forget about critical minerals, those called upon to propitiate the way in which the economies of the 21st century operate,” he points out.

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