Will Putin help Trump challenge China’s stranglehold on rare earths?
Donald Trump's plan to secure rare earth minerals from Greenland and Ukraine to challenge China's dominance may not align with global reserve realities, but a potential deal with Russia could offer a solution. Russia's offer to grant the US access to these critical resources, essential for high-tech applications, could circumvent China's tightening export controls on these minerals.
Rare earth minerals, a group of 17 elements vital for electronics, defense systems, and green technology, are unevenly distributed globally. While Greenland holds the eighth-largest reserves, Ukraine isn't listed among countries with significant deposits. Russia, possessing double the reserves of the US, ranks fifth worldwide, making it a potentially crucial partner in the US effort to diversify its supply chain and reduce reliance on China, which holds the world's largest reserves.
via SCMP Full Text Feed
Donald Trump's plan to secure rare earth minerals from Greenland and Ukraine to challenge China's dominance may not align with global reserve realities, but a potential deal with Russia could offer a solution. Russia's offer to grant the US access to these critical resources, essential for high-tech applications, could circumvent China's tightening export controls on these minerals.
Rare earth minerals, a group of 17 elements vital for electronics, defense systems, and green technology, are unevenly distributed globally. While Greenland holds the eighth-largest reserves, Ukraine isn't listed among countries with significant deposits. Russia, possessing double the reserves of the US, ranks fifth worldwide, making it a potentially crucial partner in the US effort to diversify its supply chain and reduce reliance on China, which holds the world's largest reserves.
via SCMP Full Text Feed
