Quick Summary
• In terms of the global economy’s presently existing state, there is no realistic path to economic resilience that doesn’t start with critical minerals security. This is a problem for pretty...
Additional Context
In terms of the global economy’s presently existing state, there is no realistic path to economic resilience that doesn’t start with critical minerals security. This is a problem for pretty much every country other than China and its preferred trading partners.
Notably, the heart of the problem lies more in a lack of processing capabilities than it does in a lack of mining activity. This is why the US, the EU, Japan, Australia, etc., are forming partnerships surrounding plans to build shared pools of critical mineral processing infrastructure. The general thrust of these efforts involves ensuring that no one nation in the overall alliance develops monopolistic control over any one of a growing list of minerals designated ‘critical’.
Australia, which has recently started funding the first