US State Department Critical Minerals Meeting4 Feb 2026 19:12
Here's the link and a summary from today's US State Department critical minerals meeting:
state . gov/releases/office-of-the-spokesperson/2026/02/opening-remarks-of-the-critical-minerals-ministerial/ (remove spaces)
The U.S. administration argues that critical mineral markets are distorted by overproduction, price volatility and non-market practices that discourage long-term investment. This has caused mining and processing projects worldwide to stall or fail, weakening supply chain resilience and threatening economic and security interests. The administration views this as a shared international problem that requires coordinated action among allies.
To address this, the United States outlines a strategy centred on reindustrialisation, securing end-to-end supply chains and rebuilding domestic mining and processing capacity. Measures include large-scale public financing, direct investment in mining and processing projects, accelerated permitting, creation of strategic mineral stockpiles and protection of domestic producers from unfair price competition.
A key proposal is the creation of a preferential critical minerals trade zone among allied countries, featuring enforceable price floors and coordinated trade measures to stabilise markets, support investment and prevent market flooding. The goal is to diversify global supply, ensure predictable pricing and strengthen partner economies while reducing dependence on concentrated or unreliable sources.
Japan strongly supports these objectives, highlighting its own efforts to diversify supply, invest upstream and downstream and enhance economic security through legislation, public-private financing and international cooperation. Japan stresses that resilience can only be achieved collectively and welcomes new forums for coordination such as FORGE.
U.S. officials further outline four pillars of action: investing in mining projects, stockpiling critical minerals, protecting producers from market distortions and rebuilding the mining ecosystem through regulatory reform and workforce development. The overarching message is a shift from discussion to execution, with the United States seeking broad international participation to build resilient, secure and diversified critical mineral supply chains that support long-term global prosperity and security.
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