The US and key allies have taken new steps to reduce dependence on China for critical minerals and rare earths.

The State Department announced on Friday that the US and its allies committed to strengthening their artificial intelligence supply chains and cross-border logistics. They reached an agreement at the Second Pax Silica Summit.

They signed a Joint Statement on AI Opportunity to align on a "pro‑growth, pro‑innovation" approach. The signatories will empower "builders, startups, developers, and the private sector while securing global AI supply chains. "

Under Secretary of State for Economic Affairs Jacob Helberg launched Pax Silica in December last year. The initiative aims to advance more secure and innovative supply chains for critical minerals, energy inputs, advanced manufacturing, and semiconductors.

"The future of AI will not be determined by who regulates first," Helberg said on X. "It will be determined by who builds first and builds the most capacity. A future where we ACCELERATE INNOVATION AND PRIVATE INVESTMENT is welcomed."