The United States hopes to use its rich allies to channel investment to resource-rich countries in order to cut China out of mineral supply chains. The U.S.-led Minerals Security Partnership, which also includes Japan, the EU and others, held a ministerial meeting with countries rich in strategic minerals like cobalt and lithium on the sidelines of the UN General Assembly.
The meeting was chaired by U.S. Secretary of State Antony Blinken. The invited mining countries include Argentina, Brazil, Chile, the Democratic Republic of the Congo, Indonesia, Mongolia, Mozambique, Namibia, the Philippines, Tanzania, and Zambia.