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Donald Trump Wants Canada For Its Rare Earth Metals Essential For Manufacturing EV Batteries

Donald Trump Wants Canada For Its Rare Earth Metals Essential For Manufacturing EV Batteries


Published on 2025-02-11 10:21:34 - MSN
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  • Good morning! It's Monday, February 10, 2025, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know.

The article discusses Donald Trump's interest in Canada's rare earth metals, which are crucial for manufacturing electric vehicle (EV) batteries. Trump has expressed a desire to secure these resources to bolster U.S. manufacturing capabilities, especially in light of the growing demand for EVs. Canada is highlighted as a significant source of these minerals, with the potential to become a key player in the global supply chain for EV components. The article also touches on the geopolitical implications, noting that control over these resources could shift economic and strategic power dynamics, particularly in relation to China, which currently dominates the rare earth market. Trump's interest is framed within his broader policy of promoting American energy independence and reducing reliance on foreign minerals.

Read the Full MSN Article at:
[ https://www.msn.com/en-ie/money/other/donald-trump-wants-canada-for-its-rare-earth-metals-essential-for-manufacturing-ev-batteries/ar-AA1yKOkN ]
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