No Result
View All Result
  • Login
Friday, November 7, 2025
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Business

Trump hosts Central Asian leaders as US eyes sources for rare earth metals

by FeeOnlyNews.com
6 hours ago
in Business
Reading Time: 4 mins read
A A
0
Trump hosts Central Asian leaders as US eyes sources for rare earth metals
Share on FacebookShare on TwitterShare on LInkedIn


President Donald Trump hosted leaders of five Central Asian countries at the White House on Thursday as he intensifies his hunt for rare earth metals needed for high-tech devices, including smartphones, electric vehicles and fighter jets.

Trump and the officials from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan held bilateral meetings in the Oval Office before having a working dinner.

“These nations were once home to the ancient Silk Road connecting East and West,” Trump said, while noting that “sadly, previous American presidents neglected this region completely.”He added, “I understand the importance of this region” but “a lot of people don’t know that.”

The White House visits followed Trump managing at least a temporary thaw with Chinese leader Xi Jinping on differences between the United States and China over the export of rare earth elements, a key point of friction in their trade negotiations.

Live Events

Early last month, Beijing expanded export restrictions over vital rare earth elements and magnets before announcing, after Trump-Xi talks in South Korea last week, that China would delay its new restrictions by one year.Washington is now looking for new ways to circumvent China on critical minerals. China accounts for nearly 70% of the world’s rare earth mining and controls roughly 90% of global rare earths processing.Central Asia holds deep reserves of rare earth minerals and produces roughly half the world’s uranium, which is critical to nuclear power production. But the region badly needs investment to further develop the resources.

Central Asia’s critical mineral exports have long tilted toward China and Russia. Kazakhstan, for example, in 2023 sent $3.07 billion in critical minerals to China and $1.8 billion to Russia compared with $544 million to the U.S., according to country-level trade data compiled by the Observatory of Economic Complexity, an online data platform.

“In recent weeks, my administration has strengthened American economic security by forging agreements with allies and friends across the world to broaden our critical minerals supply chains,” Trump said.

He asked each of the visiting presidents to give remarks, and they praised his efforts to promote trade in their region and peace around the world.

Tajikistan President Emomali Rahmon said his country has “very rich, boundless” critical mineral resources. But he also offered a nod to being in a tough geopolitical neighborhood, situated between Russia and China.

That makes partnering with the U.S. all the more important, Rahmon said: “We are very keen to continue closely our cooperation on security items, which we are so concerned for.”

The White House meetings came after a bipartisan group of senators introduced legislation Wednesday to repeal Soviet-era trade restrictions that some lawmakers say are holding back American investment in the Central Asian nations, which became independent with the 1991 collapse of the Soviet Union.

“Today, it’s not too late to deepen our cooperation and ensure that these countries can decide their own destinies, as a volatile Russia and an increasingly aggressive China pursue their own national interests around the globe at the cost to their neighbors,” said Republican Sen. Jim Risch of Idaho, chairman of the Senate Foreign Relations Committee and a sponsor of the legislation. “The United States offers Central Asian nations the real opportunity to work with a willing partner, while lifting up each others’ economies.”

The grouping of countries, referred to as the “C5+1,” has largely focused on regional security, particularly in light of the two-decade U.S. military presence and then withdrawal from neighboring Afghanistan, China’s treatment of ethnic Uyghur Muslims in Xinjiang and attempts by Russia to reassert power in the region.

Secretary of State Marco Rubio welcomed the Central Asian leaders at the State Department on Wednesday to mark the 10-year anniversary of the C5+1 and to plug the potential for expanding the countries economic ties to the U.S.

“We oftentimes spend so much time focused on crisis and problems — and they deserve attention — that sometimes we don’t spend enough time focused on exciting new opportunities,” Rubio said. “And that’s what exists here now: an exciting new opportunity in which the national interests of our respective countries are aligned.”

Deputy Secretary of State Christopher Landau and the U.S. ambassador to India, Sergio Gor, who also serves as Trump’s special envoy to South and Central Asia, recently visited Kazakhstan and Uzbekistan to prepare for the summit.

Administration officials say deepening the U.S. relationship with the countries is a priority, a point they have made clear to the Central Asian officials.

The president’s “commitment to this region is that you have a direct line to the White House, and that you will get the attention that this area very much deserves,” Gor told the Central Asian officials Wednesday.

Also Thursday, Kazakhstan’s president, Kassym-Jomart Tokayev, agreed that his Muslim-majority country will join the Trump-led Abraham Accords. Trump posted word of the agreement shortly before Thursday’s dinner began.

The largely symbolic move is aimed at reviving an initiative that was the signature foreign policy achievement of Trump’s first term, when his administration forged diplomatic and commercial ties between Israel and the United Arab Emirates, Bahrain and Morocco.

Kazakhstan has had diplomatic relations with Israel since 1992.

With a fragile ceasefire holding in Gaza, Trump is hoping Saudi Arabia will soon join the accords, while the White House has said the same of Indonesia, the world’s most populous Muslim nation.

Saudi Arabian and Indonesian officials have maintained that they cannot move forward on normalizing relations with Israel until there is a clear path for a Palestinian state.

Trump said during the working dinner that he hoped to announce that more countries would join the expanded Abraham Accords, especially with Iran losing standing in the region.

“One of the reasons is, we are right now in negotiations, or talks, with many countries that really wanted to come in, but they couldn’t because of the status of Iran — where Iran had a possibility of nuclear weapons, which they do not have now,” Trump said.

He also rejected the idea that the Gaza ceasefire may not hold.

“It’s not tentative,” Trump said. “It’s very strong peace.”



Source link

Tags: AsiancentralEartheyeshostsleadersmetalsRaresourcesTrump
ShareTweetShare
Previous Post

Kazakhstan to join Abraham Accords as Trump pushes Mideast peace

Next Post

Has Joe Lubin’s SharpLink Gaming Started Selling ETH? SBET Stock Tumbles 8%

Related Posts

Kazakhstan to join Abraham Accords as Trump pushes Mideast peace

Kazakhstan to join Abraham Accords as Trump pushes Mideast peace

by FeeOnlyNews.com
November 6, 2025
0

Washington: Kazakhstan said Thursday it will join the Abraham Accords between Israel and mainly Muslim nations, in a largely symbolic...

Elon Musk is officially on the trillionaire path as Tesla shareholders approve an unprecedented  trillion pay package

Elon Musk is officially on the trillionaire path as Tesla shareholders approve an unprecedented $1 trillion pay package

by FeeOnlyNews.com
November 6, 2025
0

It’s official: Elon Musk is on track to become the world’s first trillionaire. Tesla shareholders approved a new executive pay...

Laid off? Tech recruiting exec shares 4 tips for getting back on your feet—and on the job market

Laid off? Tech recruiting exec shares 4 tips for getting back on your feet—and on the job market

by FeeOnlyNews.com
November 6, 2025
0

It’s a day every IT pro dreads: hearing about layoffs within your company, then being summoned into an HR manager’s office and...

Tests showing Chinese-made buses can be stopped remotely prompt Norwegian pullback

Tests showing Chinese-made buses can be stopped remotely prompt Norwegian pullback

by FeeOnlyNews.com
November 6, 2025
0

A leading Norwegian public transport operator has said it will introduce stricter security requirements and step up anti-hacking measures after...

Arkin group digital health arm raises m second fund

Arkin group digital health arm raises $40m second fund

by FeeOnlyNews.com
November 6, 2025
0

A-Squared Ventures (formerly Arkin Digital Health), headed by Nadav Shimoni, is raising a $40 million second fund. Among the...

JPMorgan CEO Jamie Dimon says Gen Z need in-demand skills to succeed in 2025 jobs market

JPMorgan CEO Jamie Dimon says Gen Z need in-demand skills to succeed in 2025 jobs market

by FeeOnlyNews.com
November 6, 2025
0

For many years, the rule of thumb was that working hard will guarantee some level of success. But according to...

Next Post
Has Joe Lubin’s SharpLink Gaming Started Selling ETH? SBET Stock Tumbles 8%

Has Joe Lubin's SharpLink Gaming Started Selling ETH? SBET Stock Tumbles 8%

  • Trending
  • Comments
  • Latest
AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

October 15, 2025
Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

October 14, 2025
Are You Losing Out Because of Medicare Open Enrollment Mistakes?

Are You Losing Out Because of Medicare Open Enrollment Mistakes?

October 13, 2025
Coinbase boosts investment in India’s CoinDCX, valuing exchange at .45B

Coinbase boosts investment in India’s CoinDCX, valuing exchange at $2.45B

October 15, 2025
Getting Started: How to Register

Getting Started: How to Register

October 10, 2025
James Galbraith: Crash in Top Economist Hiring Contradicts Elite-Favoring “Skill Biased Technical Change” Theory

James Galbraith: Crash in Top Economist Hiring Contradicts Elite-Favoring “Skill Biased Technical Change” Theory

September 2, 2025
Pitango closes 0m for early-stage, healthcare VC funds

Pitango closes $300m for early-stage, healthcare VC funds

0
Want to Retire Overseas on a Military Pension? Here Are the 5 Best Places to Stretch Your Dollars.

Want to Retire Overseas on a Military Pension? Here Are the 5 Best Places to Stretch Your Dollars.

0
Why Multifamily Credit Markets Are Turning Risky

Why Multifamily Credit Markets Are Turning Risky

0
Easy Chicken Noodle Soup with Easy 30 Minute Dinner Rolls ( Family Dinner Idea)

Easy Chicken Noodle Soup with Easy 30 Minute Dinner Rolls ($10 Family Dinner Idea)

0
18 Important Considerations When Choosing a Legal Structure for Your Startup

18 Important Considerations When Choosing a Legal Structure for Your Startup

0
3 Early Q3 Earnings Winners Setting the Tone for the Season Ahead

3 Early Q3 Earnings Winners Setting the Tone for the Season Ahead

0
Has Joe Lubin’s SharpLink Gaming Started Selling ETH? SBET Stock Tumbles 8%

Has Joe Lubin’s SharpLink Gaming Started Selling ETH? SBET Stock Tumbles 8%

November 6, 2025
Trump hosts Central Asian leaders as US eyes sources for rare earth metals

Trump hosts Central Asian leaders as US eyes sources for rare earth metals

November 6, 2025
Kazakhstan to join Abraham Accords as Trump pushes Mideast peace

Kazakhstan to join Abraham Accords as Trump pushes Mideast peace

November 6, 2025
Is The Post Office Open On Veterans Day 2025?

Is The Post Office Open On Veterans Day 2025?

November 6, 2025
Are Banks Closed on Veterans Day 2025?

Are Banks Closed on Veterans Day 2025?

November 6, 2025
Cisco Systems: UBS mit Kaufempfehlung & Kursziel 88 USD!

Cisco Systems: UBS mit Kaufempfehlung & Kursziel 88 USD!

November 6, 2025
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Has Joe Lubin’s SharpLink Gaming Started Selling ETH? SBET Stock Tumbles 8%
  • Trump hosts Central Asian leaders as US eyes sources for rare earth metals
  • Kazakhstan to join Abraham Accords as Trump pushes Mideast peace
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.