For the world’s leading economy, securing reliable supplies for these minerals is especially important to not only sustain its dominance but also shed its supply reliance on key rivals like China.

Traders expect China to cut benchmark rates on Tuesday, the first such easing in 10 months.

The United States relies heavily on critical minerals sourced overseas, but rising global mineral demand and escalating US-China competition require increased supply chain resiliency.

With a price tag of over $1 billion, Blackwater is one of the largest capital investments in British Columbia in 10 years.