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month",[635],{"type":589,"attrs":636},{"href":637,"uuid":49,"anchor":49,"target":49,"linktype":592},"https://source.benchmarkminerals.com/video/watch/trump-2-0-us-election-policy-implications-for-the-ev-supply-chain?_branch_match_id=1544412103352287381&utm_source=facebook&utm_medium=share&_branch_referrer=H4sIAAAAAAAAA8soKSkottLXT0rNS87ITSzKzs3MSy1KzCnWSywo0MvJzMvWzwoyz0tON83xDEyyrytKTUstKsrMS49PKsovL04tsnXOKMrPTQUAISoTAEgAAAA%3D",{"text":618,"type":584},{"type":579,"attrs":640,"content":641},{"textAlign":49},[642],{"text":643,"type":584},"“We expect friendshoring to continue, at least to some extent, under the next Administration,” said Bryan Bille, a senior policy analyst at Benchmark, during the webinar. “What Trump and his Administration might do is potentially prioritise the funding aspect even more.”",{"type":579,"attrs":645,"content":646},{"textAlign":49},[647,652,658,662,669],{"text":648,"type":584,"marks":649},"Source subscribers can watch the ",[650],{"type":651},"italic",{"text":653,"type":584,"marks":654},"full webinar here",[655,656],{"type":651},{"type":589,"attrs":657},{"href":637,"uuid":49,"anchor":49,"target":49,"linktype":592},{"text":659,"type":584,"marks":660}," and download the presentation ",[661],{"type":651},{"text":663,"type":584,"marks":664},"slide deck here",[665,666],{"type":651},{"type":589,"attrs":667},{"href":668,"uuid":49,"anchor":49,"target":49,"linktype":592},"https://source.benchmarkminerals.com/downloads/presentations/1331639",{"text":618,"type":584,"marks":670},[671],{"type":651},{"type":673,"attrs":674,"content":676},"heading",{"level":675,"textAlign":49},4,[677],{"text":678,"type":584},"Why does the US need to look beyond domestic supply?",{"type":579,"attrs":680,"content":681},{"textAlign":49},[682],{"text":683,"type":584},"Although the US has several critical mineral projects in the pipeline its share of the global mineral market is very small, especially in the short term. ",{"type":673,"attrs":685,"content":686},{"level":675,"textAlign":49},[687],{"text":688,"type":584},"The US-Canada relationship",{"type":579,"attrs":690,"content":691},{"textAlign":49},[692,694,700],{"text":693,"type":584},"Through the Defense Production Act, the US has significant investments in ",{"text":695,"type":584,"marks":696},"critical mineral projects in Canada",[697],{"type":589,"attrs":698},{"href":699,"uuid":49,"anchor":49,"target":49,"linktype":592},"https://source.benchmarkminerals.com/article/us-government-progresses-north-american-cobalt-supply-chain-with-20-million-award-to-canadas-electra-battery-materials?_branch_match_id=1544412125803961980&utm_source=facebook&utm_medium=share&_branch_referrer=H4sIAAAAAAAAA8soKSkottLXT0rNS87ITSzKzs3MSy1KzCnWSywo0MvJzMvWTwsvCvV2CszxDEyyrytKTUstKsrMS49PKsovL04tsnXOKMrPTQUA4p2OzUgAAAA%3D",{"text":618,"type":584},{"type":579,"attrs":702,"content":703},{"textAlign":49},[704],{"text":705,"type":584},"“I would actually expect much more negotiation to happen to get closer to Canada on supply chains than the bit of the fear mongering or threats that we’re seeing right now,” said Dr. Tom Moerenhout, a global energy policy research scholar at Columbia University.",{"type":673,"attrs":707,"content":708},{"level":675,"textAlign":49},[709],{"text":710,"type":584},"Africa has key mineral resources",{"type":579,"attrs":712,"content":713},{"textAlign":49},[714,716,722],{"text":715,"type":584},"The US is a significant backer of the ",{"text":717,"type":584,"marks":718},"Lobito corridor",[719],{"type":589,"attrs":720},{"href":721,"uuid":49,"anchor":49,"target":49,"linktype":592},"https://source.benchmarkminerals.com/article/us-proposal-for-trans-africa-corridor-targets-copper-and-cobalt-supply-chains?_branch_match_id=1544412095892884681&utm_source=facebook&utm_medium=share&_branch_referrer=H4sIAAAAAAAAA8soKSkottLXT0rNS87ITSzKzs3MSy1KzCnWSywo0MvJzMvW9%2FcwK3TyDo%2Bo8E%2ByrytKTUstKsrMS49PKsovL04tsnXOKMrPTQUAu7jLA0gAAAA%3D",{"text":723,"type":584}," connecting Zambia to Angola. This key transportation infrastructure project could increase the US’ strength in the region whilst softening China’s influence.",{"type":579,"attrs":725,"content":726},{"textAlign":49},[727,729,735],{"text":728,"type":584},"“The ",{"text":730,"type":584,"marks":731},"African",[732],{"type":589,"attrs":733},{"href":734,"uuid":49,"anchor":49,"target":49,"linktype":592},"https://source.benchmarkminerals.com/article/we-believe-africa-will-be-the-next-good-opportunity-for-lithium-qa-with-wang-xiaoshen-of-ganfeng-lithium?_branch_match_id=1544412133337952860&utm_source=facebook&utm_medium=share&_branch_referrer=H4sIAAAAAAAAA8soKSkottLXT0rNS87ITSzKzs3MSy1KzCnWSywo0MvJzMvWDykrLgwLLUnz90%2ByrytKTUstKsrMS49PKsovL04tsnXOKMrPTQUAQmOXJkgAAAA%3D",{"text":736,"type":584}," copper belt region has emerged as a pivotal zone for the global energy transition,” Bille said. “But also as a geopolitical flashpoint between China and the United States.”",{"type":579,"attrs":738,"content":739},{"textAlign":49},[740],{"type":741,"attrs":742},"image",{"id":49,"alt":743,"src":744,"title":49,"source":49,"copyright":49,"meta_data":745},"","https://a.storyblok.com/f/287943243085208/e02ea98283/bm-lobito-corridor-map-11092024-cp-1.png",{},{"type":673,"attrs":747,"content":748},{"level":675,"textAlign":49},[749],{"text":750,"type":584},"Further developing international relationships",{"type":579,"attrs":752,"content":753},{"textAlign":49},[754],{"text":755,"type":584},"Free trade agreements have been a key mechanism for encouraging US companies to source critical minerals from allied countries. During his presidency, Biden set up a critical mineral specific FTA with Japan, though this approach is unlikely under Trump.",{"type":579,"attrs":757,"content":758},{"textAlign":49},[759,761,767],{"text":760,"type":584},"“I’m not looking at the Trump administration to do a lot of new FTAs,” said Sarah Bianchi, a former trade representative for the US, during the Webinar. “I do think that they are interested in friendshoring, and might have some of those kinds of collaborative efforts.”The US is also a part of the ",{"text":762,"type":584,"marks":763},"Mineral Security Partnership Forum",[764],{"type":589,"attrs":765},{"href":766,"uuid":49,"anchor":49,"target":49,"linktype":592},"https://source.benchmarkminerals.com/article/minerals-security-partnership-enters-financing-but-know-how-still-the-missing-link?_branch_match_id=1544412146897303745&utm_source=facebook&utm_medium=share&_branch_referrer=H4sIAAAAAAAAA8soKSkottLXT0rNS87ITSzKzs3MSy1KzCnWSywo0MvJzMvWr8j3sMh1D8nxDEyyrytKTUstKsrMS49PKsovL04tsnXOKMrPTQUArL9%2B7kgAAAA%3D",{"text":768,"type":584},", a coalition of 30 member states formed to collectively bolster the critical mineral relationships between its members.","Although President Trump’s first weeks in office have seen much talk around imposing tariffs on imports from all countries including Canada and Mexico, it could be that this Administration will need to firm up relationships with friendly nations if it is to compete with China in key sectors. Friendshoring and international investment could be key […]",[771],{"slug":567,"name":568,"content":772},{"job_title":570,"image":773,"bio":573,"linkedin":574},{"filename":572},"\u003C!--#storyblok#{\"name\": \"article\", \"space\": \"\", \"uid\": \"fd044bc3-fa44-4011-98ac-d2597af75202\", \"id\": \"\"}-->","article",[777,779,782,785,788,791,794,796,799,801],{"slug":778,"name":115},"cobalt",{"slug":780,"name":781},"copper","Copper",{"slug":783,"name":784},"critical-minerals","Critical Minerals",{"slug":786,"name":787},"fluorspar","Fluorspar",{"slug":789,"name":790},"geopolitics","Geopolitics",{"slug":792,"name":793},"graphite","Graphite",{"slug":795,"name":8},"lithium",{"slug":797,"name":798},"manganese","Manganese",{"slug":800,"name":150},"nickel",{"slug":802,"name":803},"phosphate","Phosphate","private",{"id":49,"alt":743,"name":743,"focus":743,"title":743,"source":743,"filename":806,"copyright":743,"fieldtype":807,"meta_data":808,"is_external_url":51},"https://a.storyblok.com/f/287943243085208/5f43c94a9b/bm-us-flag-auto.jpg","asset",{"alt":743,"title":743,"source":743,"copyright":743},"Feb 05, 2025","5th February 2025",[],[],1780500935817]