Biden’s critical mineral sourcing choices need more R&D, less regulation — Panjiva
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Biden’s critical mineral sourcing choices need more R&D, less regulation

Argentina 54 Australia 111 Chile 97 China 2925 Cons. Discr. - Autos 1129 Materials - Chemicals 208 Materials - Metals/Mining 717 U.S. 5267 Vietnam 349

President Joe Biden’s 100 day of critical supply chains, which is scheduled to report by June 3, includes a review of sourcing of key minerals including cobalt, lithium, rare earths and others. U.S. imports of a wide range of critical minerals identified by the USGS fell by 31.2% year over year in the 12 months to January 31, including a 46.8% slide in cobalt and a 35.4% drop in shipments of lithium. That may indicate U.S. buyers are already losing out to strategic competitors in China among others. In the case of rare earths the U.S. faces Chinese dominance in supplies with Chinese expo...

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