Feb. 2 at 1:56 AM
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The United States will push for a joint "pricing mechanism" among allied nations to weaken China's dominance in the rare earth market at a critical minerals ministerial meeting in Washington on February 4.
The initiative is seen as an attempt by the US and its allies to establish a "price defense line" to protect mining and refining companies from China's low-cost rare earth offensive and secure stable supply chains.
Jacob Helberg, Under Secretary of State for Economic Growth, Energy, and the Environment, told Bloomberg on Thursday that the US government would seek agreement on a pricing mechanism to protect rare earth refiners and miners at the meeting.
https://en.sedaily.com/international/2026/01/30/us-seeks-allied-price-defense-on-rare-earths-at-ministerial
