The US-China war over critical mineral supply

© Getty Images / Don Bartletti

The US government is working hard to break China’s dominance over critical mineral supplies, launching a plan to boost lithium, cobalt and rare earths mining across the globe.

The Energy Resource Governance Initiative (ERGI), announced in June, so far involves Australia, Botswana, Peru, Argentina, Brazil, Democratic Republic of the Congo, Namibia, the Philippines and Zambia.

The scheme seeks to promote responsible mining of 15 minerals expected to be in high demand as the adoption of technologies such as EVs, battery storage and wind turbines continue to rise.

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