Here’s How a New US-Led Mineral Alliance Could Sideline ChinaHere’s How a New US-Led Mineral Alliance Could Sideline China
Illustration by The Epoch Times, Shutterstock
Premium Reports

Here’s How a New US-Led Mineral Alliance Could Sideline China

While Beijing maintains a ‘perception of dominance’ in rare earths, experts say the United States is increasing its leverage.
Save
By Terri Wu
Updated:

U.S. mining investment firm Cove Capital recently secured a major critical mineral project in Central Asia—a multibillion-dollar deal to mine the world’s largest undeveloped tungsten deposit, in Kazakhstan.

According to the company, the November 2025 deal, which involved a joint venture with a state-run mining company, could serve as a blueprint for other agreements as Washington seeks to shore up critical mineral supply chains worldwide and reduce dependence on China.

AD