US Calls for Global Coalition to Reduce Dependency on China's Rare Minerals
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Global Coalition Initiative: U.S. Treasury Secretary Scott Bessent has called for a global coalition to reduce dependency on China's rare minerals, with discussions scheduled for Monday involving G7 and other senior officials, highlighting the urgency of the current situation.
- Market Demand Share: The countries participating in the meeting alongside the U.S. account for 60% of global demand for critical minerals, reflecting the international community's heightened concern over the security of rare earth supply chains, especially amid China's threats to impose export controls.
- Investment Commitment: The U.S. and Australia have signed an agreement to invest $1 billion in mining and processing projects over the next six months, aimed at enhancing supply capabilities for rare minerals and reducing reliance on China.
- Strategic Importance: The core theme of the meeting is
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






