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3h agoUS Treasury official calls for global push to counter China’s rare‑earth dominance

Scott Bessent, U.S. Treasury Secretary, urged coordinated international action to reduce China’s control over rare‑earth elements, citing supply‑chain security concerns across EVs, electronics and defence.
The push may drive incentives for alternative producers, recycling, and diversification of sourcing.
For India and other emerging markets, policy shifts could open new investment avenues in mining and processing. The comments underscore how geoeconomics are increasingly influencing investment flows and technology strategies globally.
Scanx• By Sneha Pathak
Explore:Mutual Fund Categories
neutral
3h agoUS Treasury official calls for global push to counter China’s rare‑earth dominance

Scott Bessent, U.S. Treasury Secretary, urged coordinated international action to reduce China’s control over rare‑earth elements, citing supply‑chain security concerns across EVs, electronics and defence.
The push may drive incentives for alternative producers, recycling, and diversification of sourcing.
For India and other emerging markets, policy shifts could open new investment avenues in mining and processing. The comments underscore how geoeconomics are increasingly influencing investment flows and technology strategies globally.
Scanx• By Sneha Pathak
Explore:Mutual Fund Categories
about 3 hours ago
1 min read
67 words

US Treasury chief pushes global action to break China’s rare‑earth dominance in tech supply chains.
Scott Bessent, U.S. Treasury Secretary, urged coordinated international action to reduce China’s control over rare‑earth elements, citing supply‑chain security concerns across EVs, electronics and defence.
The push may drive incentives for alternative producers, recycling, and diversification of sourcing.
For India and other emerging markets, policy shifts could open new investment avenues in mining and processing. The comments underscore how geoeconomics are increasingly influencing investment flows and technology strategies globally.

Scott Bessent, U.S. Treasury Secretary, urged coordinated international action to reduce China’s control over rare‑earth elements, citing supply‑chain security concerns across EVs, electronics and defence.
The push may drive incentives for alternative producers, recycling, and diversification of sourcing.
For India and other emerging markets, policy shifts could open new investment avenues in mining and processing. The comments underscore how geoeconomics are increasingly influencing investment flows and technology strategies globally.
Tags:
global
geoeconomics
global
geoeconomics
rare earths
supply chain
technology
Nov 7, 2025 • 22:03 IST