US House Passes Key Mineral Legislation to Strengthen Alliances Against China’s Rare Earth Dominance

The US House of Representatives has passed a bill aimed at enhancing the global critical mineral supply chain, boosting American energy security, and actively countering Beijing’s dominant position in global rare earth mining and processing. The House unanimously approved the Developing Overseas Mineral Investments and New Allied Networks for Critical Energies Act (DOMINANCE Act), sponsored by Representative Young Kim, Chair of the Asia-Pacific Subcommittee of the House Foreign Affairs Committee, and Ranking Member Ami Bera. Lawmakers highlighted that China currently controls about 70% of global rare earth mining and 90% of rare earth processing, posing risks of supply chain disruptions…