CEPA: Losing the Transatlantic Battle for Critical Minerals?

The EU and the US must lower their reliance on China for critical minerals. The allies must embrace competitiveness and reject protectionism.

It seems like a no-brainer. Both the EU and the US share as a common goal to loosen China’s stronghold over the refinement of critical minerals required to power next-generation green technologies, from electric cars to semiconductors.

But despite this shared ambition, Washington and Brussels are yet to agree on how to move forward together. Talks on a Critical Minerals Alliance have not yet produced a final agreement, victim of the transatlantic dispute over protectionism and climate change subsidies. The upshot? The US is making progress on critical minerals pacts with Japan and the UK.

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