like_count_tpl like_count_text_tpl
like_tooltip_tpl
comment_count_tpl comment_count_text_tpl
comment_tooltip_tpl
FX Daily Updates
EU plans to stockpile critical minerals amid US-China tension, FT says
georgemiller
Publish Date: Wed, 19 Nov 2025, 05:11 AM
Nov 19 (Reuters) - The European Union plans to set up a central authority to coordinate buying and stockpiling of critical minerals to keep the U.S. from securing supplies "under our noses," industry chief Stéphane Séjourné said on Wednesday.
In an interview, Séjourné told the Financial Times newspaper that the EU had become "collateral damage" in a U.S.-China dispute over rare earths, which are vital for defence and clean technologies.
Sign up here.
https://www.reuters.com/world/china/eu-plans-stockpile-critical-minerals-amid-us-china-tension-ft-says-2025-11-19/