May 26, 2026 3:32 PM

India, US sign critical minerals framework to strengthen supply chain cooperation

India and the United States on Tuesday signed a major framework agreement aimed at strengthening cooperation in the mining, processing and supply of critical minerals and rare earths, marking a significant step in deepening strategic and economic ties between the two countries. The Framework on “Securing of Supply in the Mining and Processing of Critical Minerals and Rare Earths” was signed in New Delhi by External Affairs Minister S. Jaishankar and US Secretary of State Marco Rubio. The M...

January 13, 2026 3:22 PM

G7, other allies discuss ways to reduce dependence on Chinese rare earths

Finance ministers from the G7 and other major economies met in Washington on Monday to discuss ways to reduce dependence on rare earths from China, including setting a price floor and new partnerships to build up alternative supplies, ministers said. The meeting, convened by U.S. Treasury Secretary Scott Bessent, included finance ministers from G7 members Japan, Britain, France, Germany, Italy, Canada and the U.S. as well as officials from Australia, Mexico, South Korea and India. U.S. Trade R...

July 16, 2025 10:21 AM

Nvidia’s resumption of AI chips to China is part of rare earths talks, says US

Nvidia's planned resumption of sales of its H20 AI chips to China is part of U.S. negotiations on rare earths, Commerce Secretary Howard Lutnick said on Tuesday, and comes days after its CEO met President Donald Trump. "We put that in the trade deal with the magnets," Lutnick told Reuters, referring to an agreement Trump made to restart rare earth shipments to U.S. manufacturers. He did not provide additional detail. Nvidia said late on Monday that it is filing applications with ...

June 11, 2025 9:30 AM

US, China reach deal to ease export curbs, keep tariff truce alive

U.S. and Chinese officials said on Tuesday they had agreed on a framework to put their trade truce back on track and remove China's export restrictions on rare earths while offering little sign of a durable resolution to longstanding trade differences.   At the end of two days of intense negotiations in London, U.S. Commerce Secretary Howard Lutnick told reporters the framework deal puts "meat on the bones" of an agreement reached last month in Geneva to ease bilateral retaliatory tariffs tha...

February 27, 2025 9:56 AM

Trump confirms Zelenskiy visit to sign Ukraine minerals deal

U.S. President Donald Trump said Volodymyr Zelenskiy would visit Washington on Friday to sign an agreement on rare earth minerals, while the Ukrainian leader said the success of the deal would hinge on those talks and continued U.S. aid. Under the deal, which Ukraine's prime minister has called "preliminary," Kyiv would hand some revenue from its mineral resources to a fund jointly controlled by the U.S. The agreement is central to Ukrainian attempts to win strong support from Trump as he see...