Canada secures rare earth minerals from Australia, challenging China's dominance and signaling potential geopolitical shifts in the critical minerals landscape.
Via SchiffGold.com, China ’s recent attempt to secure a rare earth minerals stockpile ended in failure when a competitor stepped in to snag the deal… Vital Metals , a mining firm based in Australia, announced Monday that minerals collected from its Saskatchewan-based Nechalacho Project will remain within Canadian borders.
If other countries follow Canada’s example, prices of related metals on that critical list—including cobalt, platinum group metals, REEs, silicon, and copper—could see significant boosts. That’s a bet Canada is placing early by securing its access to REEs while cutting China out of the deal.
China Canada Vital Metals Nechalacho Project Critical Minerals Green Energy Transition Justin Trudeau South China Sea Military Exercises Supply Chains Trade Relations Geopolitics
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