Feb 18 β€’ 12:55 UTC πŸ‡ΆπŸ‡¦ Qatar Al Jazeera

Bloomberg: US Agencies Develop Minimum Pricing for Rare Metals

US government agencies are developing a minimum pricing system for rare metals to reduce dependence on China and attract private investment in the sector.

According to Bloomberg, U.S. government agencies are implementing a minimum pricing system for rare metals as part of their efforts to decrease reliance on China for supplies of these critical minerals. The move comes as the Trump administration, along with 50 other nations, seeks to bolster domestic production and secure supply chains for rare metals essential for various technologies.

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