Steube Warns of China's Critical Minerals Dominance, Pushes Central Asia Partnerships
The Forbes Breaking News segment covers a congressional hearing led by Rep. Greg Steube on China's control of critical minerals processing and its implications for U.S. economic and national security. Witnesses including experts on Central Asia (Ambassador John Herbst) and financing (Mr. Randi/Rundy) discuss diversifying supply chains through partnerships in Africa, Central Asia, and the Western Hemisphere, recycling, repealing the Jackson-Vanik Amendment, strengthening diplomacy, developing the Middle Corridor/Trans-Caspian routes, and leveraging U.S. private capital alongside reauthorized DFC and EXIM Bank tools. Sourcing draws on witness testimony referencing current administration actions, regional geography challenges, and prior congressional steps on DFC; no named primary data graphics are shown, but claims align with known IEA and legislative developments. The throughline is urgent friend-shoring to prevent Beijing from holding U.S. defense and manufacturing "hostage."
Source: Forbes Breaking News