
US eyes Philippine rare earths to counter China's ‘chokehold'
Now, a potential
rare earths deal between the
United States and
the Philippines has drawn attention to the largely overlooked abundance of these strategic resources in the Southeast Asian nation – and to the decades-long flow of Philippine raw materials to
China
For years, Manila may have been unwittingly supplying China with the vital ingredients for manufacturing items ranging from smartphones and electric vehicles to missiles, satellites and military aircraft, industry insiders say.
During the meeting in Kuala Lumpur on July 10, US Secretary of State
Marco Rubio told Philippine Foreign Secretary Maria Theresa Lazaro that Washington was interested in 'the Philippines' wealth in critical minerals and stressed the need to diversify critical mineral supply chains', according to a State Department statement.
US President Donald Trump shakes hands with Philippine President Ferdinand Marcos Jnr at the White House on July 22. Photo: Reuters
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