The US is moving to reinforce critical mineral and semiconductor supply chains with key allies as the West’s push to expand rare earth magnet production runs into a worsening shortage of heavy rare earth elements. Officials from eight allied nations will gather at the White House on December 12, 2025, to negotiate new agreements on energy, advanced manufacturing, semiconductor production, AI infrastructure, and logistics, according to Bloomberg. The initiative seeks to limit dependence on China, which controls more than 90% of global rare earth and permanent magnet refining capacity.