Trade Brains
Synopsis: With China controlling most of the world’s rare earth supply, global power dynamics are shifting. Are these critical minerals the new oil driving the twenty-first-century energy race?
As the global economy races toward decarbonization, a new kind of natural resource has taken center stage, rare earth materials. Once an obscure category in the periodic table, these minerals have become as strategically vital to clean energy as crude oil was to the industrial age.
From powering electric vehicles and wind turbines to enabling the production of smartphones and defense systems, rare earths now underpin both energy security and technological progress.
The clean energy transition is shifting dependency from oil rigs to mineral mines. According to the International Energy Agency (IEA)
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