Stephen Wilmot of The Wall Street Journal reports on the US/EU efforts to meet critical mineral demand.
- The EU and US have begun to discuss critical mineral sourcing agreements with allied countries.
- The EU is also considering a bill that would speed up its permitting process to no more than 24 months for mines and no more than 12 months for processing plants.
- The US can learn from Europe’s policies by implementing permitting reform to reduce timelines that stall critical mineral mining development.
- The United States should also look to free trade agreements with allied nations to reduce its dependence on China’s rare earth mineral supply chain.
Read the full article here.