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The United States and other countries are looking to break the Chinese Communist Party's monopoly on rare earth minerals.

Now look, the Chinese Communist Party has demonstrated its willingness to cut off supplies of key resources to other countries,

things needed and everything from smartphones to even high-tech weapons.

But as the U.S. and the countries are looking to establish new mining operations to create these minerals or mine them,

the Chinese Communist Party is not willing to give up the monopoly so easily.

Now the CCP is looking beyond the borders of China, and it's trying to bolster its supplies

by mining the ocean floor where critical minerals such as nickel, copper, and cobalt are

apparently scattered. Now, notably, the CCP has been trying to gain influence over the global authority

at the United Nations that regulates deep sea mining. This is the international seabed authority,

whose primary function is to regulate exploration for and exploitation of deep seabed minerals

for all 168 countries that are partyed to the

1982 United Nations Convention on the Law of the Sea.

Here's more on how the CCP wants to dominate critical mineral supply chains and how it has spent

years building up its influence within the ISA, this organization for that. This is

according to the economist. They note that the ISA is largely financed by its member countries,

and China gives more money than any other donor. In 2020, it also gave the ISA a training facility

in Qingdao, again in China, that's in the city in the

eastern part of China. And at the ISE meeting last year, some countries tried to introduce

moratorium on deep sea mining. They failed, in large part because the pressure from China.

Its goal, the CCP, is to create a permissive mining regime that brooks no interference from other countries,

according to one of these individuals, Isaac Cardin, of the Carnegie Endowment for International Peace.

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