EU and US nearing a critical minerals deal to "combat Chinese control", Bloomberg reports

The reported nearing of a critical minerals deal between the EU and the US signals a strategic move to reduce reliance on Chinese supply chains, which may enhance Western influence in the commodities sector.

Newsquawk StaffPublished 10 Apr 2026, 08:35 UTCOn the live feed at 08:15 UTC — 2 more headlines followed before this page went public

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08:35

TotalEnergies (TTE FP) says it shut down SATORP refinery in Saudi Arabia as safety precaution following processing train damage

08:32

[MARKET ANALYSIS] European bourses set for a third consecutive weekly gain, SW FP plummets following weak guidance; US equity futures muted ahead of US CPI

08:15

EU and US nearing a critical minerals deal to "combat Chinese control", Bloomberg reports

08:00

Italian Industrial Production MoM (Feb) M/M 0.1% vs. Exp. 0.5% (Prev. -0.6%)

08:00

Italian Industrial Production YoY (Feb) Y/Y 0.5% (Prev. -0.6%)

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Context

This could lead to increased demand for domestic mining and alternative sources, impacting metals like copper and gold, and creating potential volatility in related markets. Traders should monitor how these developments might shift risk sentiment and price dynamics in commodities and currencies connected to mining sectors.

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