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First modification: 02/05/2026 - 04:09
Within the framework of the Summit on Critical Minerals, the Donald Trump Administration urged the formation of a global coalition to strengthen itself, and its partners, in the face of the progress that China is taking in the sector. Latin America, an important reservoir of these elements, signed the first agreements with the American Union.
Just over 50 countries, most of them allies, met in the US capital to discuss ideas regarding the supply of critical minerals. These elements, widely used in technology, have been the new target in the dispute between the United States and China for global dominance.
“Critical minerals are vital to the devices we use every day; they power our infrastructure, our industry and our national defense,” said Secretary of State Marco Rubio during the event's opening.
Critical minerals are natural elements that have become essential for the global economy due to their importance in the development of new technologies, many of them aimed at the energy transition and national security.
For the Donald Trump Administration, who has made it clear that it knows the potential of critical minerals, the meeting held beyond being a diplomatic resource stands as a preventive element to guarantee supply and slow the advance of China.
"We seek to ensure that our friends and allies are part of this, and that you are covered too. Our goal and the reason we are holding this conference is to align trade policy, development, finance and diplomatic collaboration toward a shared strategic goal, and that goal is very simple: diversify the global supply and market for critical minerals," US Vice President J. D. Vance said during the event.
Shortly before the end of the session, the Argentine Ministry of Foreign Affairs announced that it had reached an agreement with the American Union for the supply of mining and the processing of critical minerals.
Read alsoThe US announces alliances on rare earths with the EU, Japan and Mexico
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