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China.Table Feature Raw materials

Raw materials: How the EU and the US want to challenge China’s monopoly

To diversify their supply chains, Brussels and Washington are betting on price floors and joint procurement. It remains unclear whether these efforts will be enough to break China’s dominant position.

Antonia Zimmermann
29. April 2026
An excavator loads trucks with rare earth at a mine in Mojiang Hani Autonomous County, Simao city, southwest Chinas Yunnan province, 18 March 2008. The EU has demanded that China loosen its policy on sales of rare earth materials after the World Trade Organisation upheld a ruling that Beijings policies to limit raw material exports violated international trade rules. The case, brought in 2009 by the EU, US and Mexico, touches on one of the biggest sources of tension in the world trading system: the use of export restrictions to hoard raw materials for the use of domestic manufacturers.
The EU and the United States want to expand their cooperation in order to secure critical raw materials. (picture alliance / dpa | Dycj)

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Last updated: 29. April 2026

Trade
Critical raw materials
Raw materials