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The Nexus
BUSINESSJun 23 · 10:00 UTCFOX NEWS

Trump gets major win against China in African rare earth minerals race

The Trump administration supported Virtus Minerals in developing cobalt and copper mines in the Democratic Republic of the Congo (DRC), marking the first U.S. rare earth minerals acquisition in the country since the Washington Accord. The initiative aims to counter China's dominance in critical minerals and establish a secure supply chain for the U.S. and allies.

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