LeadStory

CNBC

The hidden link between Venezuela, Greenland & Iran

CNBC · Just In
CNBC
CNBC
Just In

The CEO of Missang, Guy Kioni, says the U.S. is seeking to cut off China from its key energy suppliers as part of a grander strategy to hamstring China's critical mineral refining capabilities.

Breakdown
  • U.S. shifts from buying to controlling mineral production, focusing on Greenland 19s
  • Greenland holds 1.5 million tons of minerals vital for defense and EV batteries 34s
  • Most mineral processing is in China, prompting U.S. to secure resources elsewhere 40s
  • U.S. pressure on Venezuela and Iran aims to limit China's energy for rare earths 2m 39s
  • Iran could be the next U.S. target to constrain oil exports to China and Russia 4m 18s