American Leadership Takes on China’s Rare Earth Minerals Dominance
June 24, 2026
For years, China has held a near-stranglehold on the global supply of critical minerals, controlling much of the cobalt and copper production that powers everything from smartphones and electric vehicles to advanced military equipment. Now, the Trump Administration is taking real steps to change that. A new U.S.-backed investment by Virtus Minerals in the Democratic Republic of the Congo represents a significant win in the effort to secure reliable critical mineral supply chains outside of Chinese control. The project will develop two major cobalt and copper mines capable of producing 75,000 tons of copper and 20,000 tons of cobalt each…