Italy and Germany agree to secure critical mineral supply chains and reduce reliance on China

Italy and Germany have signed a partnership to secure raw material supply chains. The deal targets chips and defense sectors to counter Chinese price control.

Insights:
Italy ITITand Germany DEDE, described as the leading manufacturing economies in the European Union, have pledged to work together to secure supply chains for critical raw materials vital to their industries. The agreement was documented in a draft seen by Reuters and discussed at an intergovernmental summit in Rome on January 23, 2026. Italian Prime Minister Giorgia Meloni giorgia meloniand German Chancellor Friedrich Merz friedrich merzattended the meeting to formalize the initiative.
FILE PHOTO: Italian Foreign Minister Antonio Tajani attends a joint press conference to discuss developments in Ukraine and European security at Villa Madama in Rome, Italy, on June 12, 2025. REUTERS/Guglielmo Mangiapane/File Photo
FILE PHOTO: Italian Foreign Minister Antonio Tajani attends a joint press conference to discuss developments in Ukraine and European security at Villa Madama in Rome, Italy, on June 12, 2025. REUTERS/Guglielmo Mangiapane/File Photo
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