Conflict Over Critical Minerals Intensifying
▸ Part of: Iran on High Military Alert Amid Escalating Tensions with the US
The global strategic competition between the US and China is characterized by rivalry in trade, technology, and critical mineral resources. China controls a significant portion of rare earth mining and processing, giving it strategic leverage over the US, which depends heavily on Chinese-controlled supply chains for various industries. This competition raises concerns about supply disruptions and national security risks. In response, the US and the EU have agreed to coordinate on critical mineral supplies and are shifting towards interventionist industrial policies to build trusted supply chains free from Chinese inputs.
Read full article (5 min read) ›
