EU plans to stockpile critical minerals amid US-China tension, FT says
Published by Global Banking & Finance Review®
Posted on November 19, 2025
1 min readLast updated: January 20, 2026
Published by Global Banking & Finance Review®
Posted on November 19, 2025
1 min readLast updated: January 20, 2026
The EU plans to coordinate the stockpiling of critical minerals to prevent US dominance amid US-China tensions, according to industry chief Stéphane Séjourné.
(Reuters) -The European Union plans to set up a central authority to coordinate buying and stockpiling of critical minerals to keep the U.S. from securing supplies "under our noses," industry chief Stéphane Séjourné said on Wednesday.
In an interview, Séjourné told the Financial Times newspaper that the EU had become "collateral damage" in a U.S.-China dispute over rare earths, which are vital for defence and clean technologies.
(Reporting by Rajveer Singh Pardesi in Bengaluru; Editing by Clarence Fernandez)
Stockpiling refers to the practice of accumulating and storing a reserve of goods or materials, often to ensure availability during shortages or supply disruptions.
Rare earths are a group of 17 chemical elements that are critical in the manufacturing of various high-tech products, including electronics, batteries, and renewable energy technologies.
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