Foreign Ministry: China's position has not changed, and all parties have the responsibility to play a constructive role in this.

Beijing Daily report, on February 4, the Foreign Ministry spokesperson Lin Jian presided over a regular press conference.

A reporter from Bloomberg asked that several foreign ministers of countries will discuss the proposal put forward by the EU to establish a key mineral partnership in Washington, in order to reduce dependence on China. What is China's response to this?

Lin Jian stated that China's position on maintaining the stability and security of the global supply chain of key minerals has not changed, and all parties have the responsibility to play a constructive role in this regard.

Lin Jian said regarding the relevant memorandums between the US and Europe mentioned by you, I would like to point out that China has always believed that all countries should abide by the principles of market economy and international trade rules, strengthen communication and dialogue, jointly maintain the stability and smoothness of the international industrial chain, and promote the stable development of the world economy.

According to a report by The Guardian, this week, the U.S. Department of State will hold the first ministerial meeting on key minerals. Under the leadership of the U.S., ministers from the EU, the UK, Japan, Australia, New Zealand and other countries gathered in Washington to discuss the U.S.-led "Key Mineral Ally Partnership Club."

The U.S. Interior Secretary gave a briefing on February 3 local time, stating that about 30 countries are interested in joining the U.S.-led Key Mineral Ally Partnership Club. This organization sets up mechanisms for tariff exemptions, resource exchange, and minimum price limits for minerals, aiming to counter China's price manipulation of key minerals such as lithium, nickel, and rare earths.

On the other hand, the EU also plans to propose to the U.S. the establishment of a key mineral partnership, with the plan to sign a memorandum of understanding within three months and develop a "Strategic Partnership Roadmap," covering joint development of mineral projects, setting up price support mechanisms, and building a secure supply chain, each move targeting China's dominant market position.

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