CSIS Report Urges U.S. and Allies to Counter China's Critical Minerals Acquisitions
A report by the Center for Strategic and International Studies (CSIS) highlights China's aggressive acquisition of critical minerals projects, urging the U.S. and its allies to take action. The report, authored by Gracelin Baskaran, notes that Chinese firms have significantly increased their overseas acquisitions, reaching a peak in 2024. This trend poses a challenge for Western countries to secure essential resources for future industrial and geopolitical competition. The report recommends strategic measures, including creating a centralized critical minerals asset registry and strengthening global monitoring of mineral assets, to counter China's influence and secure supply chains.