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flag A U.S. House report accuses China of manipulating global critical minerals markets for decades, urging stronger oversight and stockpiling.

flag A bipartisan U.S. House committee report released on November 12, 2025, accuses China of decades-long manipulation of global critical minerals markets, particularly rare earths and lithium, using its dominant processing role to influence prices, harm American miners, and strengthen its economic and geopolitical power. flag The 50-page report criticizes the London Metal Exchange’s pricing transparency due to its ownership by Hong Kong Exchanges and Clearing, citing potential Chinese influence. flag It recommends price controls, expanded oversight, a U.S. minerals stockpile, and maintaining a "critical minerals czar" role. flag The findings underscore growing U.S. concerns over supply chain security and will inform a November 19 hearing on predatory pricing. flag China has not commented.

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