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Rare earth strategy provides ‘opportunities for Africa’ as US attempts to counter China

South China Morning Post 09 May 2026 2h ago
Rare earth strategy provides ‘opportunities for Africa’ as US attempts to counter China
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The US is shifting strategy to fund local African processing and mining infrastructure after recognising it cannot yet process the critical minerals it is racing to secure from the continent to counter China. Tom Haslett, managing director of policy for critical minerals at the US International Development Finance Corporation (DFC), said that unlike China, which had “significant industry backing f
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