ZGXT(SZ:000831) Guan Cha Zhe Wang·2026-01-15 07:51Core Viewpoint - The U.S. aims to reduce its dependence on Chinese rare earths by leveraging alliances, but employs unilateral tactics such as tariffs and deadlines to pressure global suppliers [1][3]. Group 1: U.S. Policy and Strategy - President Trump signed a presidential proclamation on January 14, emphasizing the need for negotiations with global suppliers to secure key mineral agreements, threatening new trade barriers if agreements are not reached [1][3]. - The proclamation highlights that the U.S. relies entirely on imports for 12 key minerals and has over 50% net import dependence for an additional 29 minerals, posing a national security risk [3][4]. - The U.S. Department of Commerce concluded that this reliance makes critical sectors vulnerable to supply disruptions and price volatility, necessitating a secure supply chain for key minerals [3][4]. Group 2: International Collaboration and Supply Chain Diversification - The announcement did not specify demands from allies but emphasized the need for supply chain diversification away from potentially coercive sources, encouraging investment in non-Chinese facilities [4][8]. - The U.S. is increasing collaboration with allies such as Australia, Malaysia, Indonesia, and Vietnam to establish alternative supply chains, with a focus on local production and supplier diversification [8][9]. - The G7 and EU are reportedly considering setting a price floor for rare earths and imposing tariffs on certain Chinese exports, which may pressure countries like the EU and India [9][10]. Group 3: Market Dynamics and Future Outlook - The U.S. aims to create a resilient supply chain for critical minerals through negotiations, with a 180-day deadline for binding agreements, after which remedial measures may be implemented [3][6]. - Experts suggest that establishing a stable supply chain independent of China could take at least a decade, indicating a long-term challenge for the U.S. [8][9].