As per Coinotag, US firms are rapidly acquiring rare earth minerals from Europe amid a global supply crunch, outpacing local buyers despite a US-China trade truce. This rush highlights vulnerabilities in Europe’s defense sector, with stocks potentially depleting in months due to Beijing’s export controls. US buyers secure materials in days, while Europeans face weeks-long delays. Strategic purchases target key elements like terbium and neodymium essential for defense technologies. Europe’s usable rare earth stocks could vanish within months, per industry estimates, exacerbating supply chain risks. The EU has enacted the Critical Raw Materials Act in 2024 to diversify supplies and launched RESourceEU to foster alternative chains. Germany’s KfW bank established a €1 billion fund for investments, while collaborations with Canada explore mining partnerships. However, implementation lags, leaving private sectors underserved amid ongoing regulatory development.
US Firms Outpace Europe in Rare Earth Mineral Acquisitions Amid Supply Shortages
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