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Friday, November 1, 2024

Moolenaar warns of China's influence over global economy through mineral dominance

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Congressman John Moolenaar Chairman of the Select Committee on the CCP | Official Website

Congressman John Moolenaar Chairman of the Select Committee on the CCP | Official Website

This morning, the Battery Materials & Technology Coalition (BMTC) and Horizon Advisory published a report that underscores the United States' significant reliance on China for critical minerals. The findings suggest that the Chinese Communist Party is strategically positioning itself to dominate global electrification efforts, posing a potential threat to U.S. energy security.

Chairman John Moolenaar (R-MI) responded to the report's release with a statement: “This report outlines what we have long known to be true: the world is far too dependent on Chinese Communist Party-controlled supply chains for critical minerals. The CCP will use this mineral dominance to control the world economy, while manipulating countries, businesses, and people to its will. I am grateful for the good work of the Battery Materials & Technology Coalition in exposing America’s dependencies in this report and encourage my fellow lawmakers to take its message to heart. We need to end our reliance on CCP-controlled critical minerals.”

The report aims to bring attention to America's dependency issues and calls for action from lawmakers.

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