The U.S and its allies are seeking to set up a buyers' club to procure minerals for clean-energy technologies, including electric-vehicle batteries
U.S. and European officials are discussing how to set up a new group of allies that cooperate on procuring minerals used in, hoping to rely less on China while patching up a rift over U.S. subsidies for electric vehicles.
Under the plan to form a so-called critical-minerals club, the U.S. would negotiate trade agreements focused on such minerals with allies including Japan, the EU and U.K., according to people familiar with it. Once the allies have trade agreements between themselves, they would try to reach additional agreements with such countries as Ukraine or Zambia on securing supplies of raw materials essential to batteries and other clean- energy technologies, according to the people.
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