Trump gets major win against China in African earth minerals race — what it means for US buisness

The Trump administration has notched a significant victory in the competition with China for control over rare earth minerals, backing Virtus Minerals to develop mines in the Democratic Republic of the Congo for cobalt and copper. This move not only counters China's dominance in the market but also positions the U.S. to boost its own supply chain and reduce reliance on foreign sources. The implications are vast, potentially leading to a more self-sufficient U.S. industrial base and stronger economic ties with African nations.