NewsSignals AI analysis·Reuters·Oct 28, 2026

Boosting Western supply of refined critical metals means de-risking investment. But how?: Russell

Grade Bbullish AI signal$XAU

Western economies are seeking ways to reduce dependence on China for refined critical metals, with government support emerging as a key tool to build viable alternative supply chains. China controls 99% of global refined gallium production and 91% of rare earths, while proposed solutions include minimum price guarantees, guaranteed offtake agreements and direct investment in mining and refining. Coordinated Western support could accelerate critical-mineral development, but fragmented strategies and competition between the US and EU may slow progress.

Bullish strength: 60/100

Government-backed price floors and offtake guarantees could improve project financing certainty.
Western investment could expand alternative critical-metal supply chains.

Bearish strength: 40/100

China retains dominant shares of refined gallium, rare earths and other critical metals.
Fragmented Western strategies and high mining and refining costs could hinder development.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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