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US, EU to sign preliminary partnership deal on critical minerals on Friday

The pact aims to diversify supply chains and curb dependence on China, with officials saying the United States and European Union are the largest users of critical minerals.

  • On Friday, U.S. Secretary of State Marco Rubio and European Union Trade Commissioner Maros Sefcovic signed a memorandum establishing a strategic partnership on critical minerals to diversify supply chains and reduce reliance on China.
  • Sefcovic warned the overconcentration of these resources dominated by one or two places is an unacceptable risk, as China has used its chokehold on mineral processing as geoeconomic leverage. This dominance threatens supplies for semiconductors, electric vehicles, and advanced weapons.
  • The European Union remains the largest trading partner for The United States, with a €555 billion trade value in 2025. APUS Trade Representative Jamieson Greer announced a separate action plan to coordinate policies addressing the non-market practices that have distorted critical minerals supply chains.
  • In a prior discussion, Trade Representative Jamieson Greer and Sefcovic labeled the ongoing trade talks as "very positive," specifically focusing on tariffs and supply security for critical minerals.
  • Rubio emphasized that "we need diversity in our supply chains" before signing the memorandum, reflecting growing Western awareness of supply chain importance for economic success and security.
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Devdiscourse broke the news in India on Friday, April 24, 2026.
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