Chile and U.S. Deepen Ties with Focus on Critical Minerals
Santiago and Washington have initiated discussions regarding a potential agreement centered on critical minerals and rare earth elements, signaling a growing collaboration between the two nations. The move comes as the United States seeks to diversify its supply chains and reduce reliance on other countries for these strategically essential resources.
Chilean President José Antonio Kast participated in the signing of a declaration concerning critical minerals and rare earth elements with the United States on Friday, March 13, 2026. This action underscores the administration’s commitment to strengthening bilateral relations and exploring opportunities in the mining sector, according to the Chilean government’s official website.
The interest from the U.S. Stems from Chile’s significant reserves of rare earth elements, materials crucial for the production of electric vehicles, renewable energy technologies, and defense systems. BioBioChile reports that these elements are used in a wide range of applications, driving the increased American interest.
The discussions follow a recent declaration signed by President Kast and U.S. Representatives, which has drawn criticism from opposition parties in Chile. They argue the declaration represents a concession to U.S. Interests regarding the country’s mineral resources. According to Emol, opposition leaders claim Chile is “not kneeling” to external pressures.
Bloomberg reported on March 13, 2026, that President Kast is planning to sign additional agreements with the U.S. Concerning critical minerals and security matters. The potential agreements could further solidify the strategic partnership between the two countries.
The move to secure access to critical minerals highlights the growing global competition for resources essential to emerging technologies and national security. The New York Times detailed the Trump-style candidate leading the charge in Chile, suggesting a shift in the country’s political landscape.
Further complicating the situation, Digital Journal reports on a Chinese cable that could potentially impact the new Chilean leader, adding another layer of geopolitical complexity to the situation.