Global Race for Critical Minerals Intensifies as Nations Seek Strategic Supplies
The U.S., UK, and China vie for control over vital materials essential to technology, green energy, and defense industries.
- Critical minerals, including rare earth elements, are central to modern technologies such as electric vehicles, renewable energy, and defense systems.
- The U.S. is heavily reliant on imports for many of these minerals, with China dominating both mining and processing capabilities globally.
- Donald Trump’s administration is pursuing deals with Ukraine and Greenland to reduce U.S. dependence on China for rare earth elements.
- The UK faces concerns over falling behind in securing critical mineral supplies, with experts urging greater government investment in domestic mining and recycling industries.
- Russia’s control of mineral-rich Ukrainian territories has added complexity to global supply chains, with potential geopolitical implications for Western nations.