Trump administration to use Pentagon AI to set mineral reference prices — gallium and germanium among first four targets

The Trump administration intends to utilize a Pentagon AI program, called OPEN, to establish reference prices for critical minerals like gallium and germanium. This initiative aims to create a global metals trading bloc and combat alleged Chinese market manipulation. Initially, the program will focus on germanium, gallium, antimony, and tungsten, with data support from S&P Global and Finnish firm Rovjok. The U.S. heavily relies on China for gallium and germanium supply, prompting the need for a pricing model to address trade dependencies. However, skepticism remains about the effectiveness of tariff-backed pricing in ensuring fair competition in the market.