U.S. Treasury Secretary Scott Bessent Leads Global Effort to Secure Critical Mineral Supply Chains

U.S. Treasury Secretary Scott Bessent met with allies on Monday to secure critical mineral supply chains. The group aims to reduce strategic reliance on China.

洞察:
On Monday, January 12, 2026, scott bessent, the US USUSTreasury Secretary, held a landmark meeting with ministers from 11 allied nations and the European Union EUEUto address the security of critical minerals supply chains. The gathering included high-level representatives from Australia AUAU, Canada CACA, France FRFR, Germany DEDE, India ININ, Italy ITIT, Japan JPJP, Mexico MXMX, South Korea KRKR, and the United Kingdom GBGB. Together, these nations account for approximately 60 percent of the global demand for critical minerals, which are essential components for the defense technology sector, the semiconductor industry, and the renewable energy sector.
U.S. Treasury Secretary Scott Bessent speaks during a press conference to unveil the official Trump Accounts website at the Treasury Department in Washington, D.C., U.S., December 17, 2025. REUTERS/Aaron Schwartz
U.S. Treasury Secretary Scott Bessent speaks during a press conference to unveil the official Trump Accounts website at the Treasury Department in Washington, D.C., U.S., December 17, 2025. REUTERS/Aaron Schwartz
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