US hosts critical minerals landmark summit

美国举办关键矿产里程碑峰会

World Business Report

2026-02-05

26 分钟
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The US is ramping up efforts to secure its supplies of critical minerals. Vice-president JD Vance has proposed creating a new critical mineral trading bloc to loosen China’s control over the sector. The approach could reshape global supply chains for materials essential to electric vehicles, semiconductors and defence systems. Ed Butler finds out more. Shares of Ozempic manufacturer, Novo Nordisk, dropped as nuch as 17% in the face of strong competition. Meanwhile its rival Eli Lilly, is forecasting strong growth. What's the outlook for weight-loss jabs? Elsewhere, the US has renewed an agreement that gives 32 African countries access to the US market. The African Growth and Opportunity Act was allowed to expire last September, after 25 years. It's now been re-authorised until the end of 2026, although Washington has warned it may reshape the deal after that.
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  • The race for minerals just got critical.

  • We need to have supply chains for critical minerals that are reliable and diverse across the world.

  • Washington wants more metals to build more tech.

  • But is there enough out there?

  • There are some growing questions about whether The future supplies can keep up with rising demand.

  • We need to develop more mines and more smelters and more refineries.

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  • I'm Ed Butler and today we are tuning into Donald Trump's latest efforts to develop a secure global supply of critical minerals.