Minerals executives urge Congress to deploy more financial tools to offset China

Critical minerals executives told a US congressional committee on Wednesday that Washington should take more financial steps to offset what is seen as market interference by Chinese rivals.

Lithium Americas CEO Jonathan Evans told the US House of Representatives’ select committee on China that Washington should support a “temporary, minimum price” for lithium.

MP Materials executive Matthew Sloustcher said the government should “deploy tools that neutralize predatory pricing” by China for rare earths and other critical minerals.

(By Ernest Scheyder and Michael Martina)