Central Asia Emerges as Epicenter of Rare Earth Mineral Rush

Rare Earth Minerals News

Central Asia Emerges as Epicenter of Rare Earth Mineral Rush
Central AsiaChinaSupply Chains
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Central Asia's rich reserves of rare earth minerals are attracting global attention as countries seek to secure strategic supply chains for the clean energy transition.

Securing reliable and strategic supply chains for rare earth minerals has become a geopolitical battleground for world superpowers in the intensifying context of the global clean energy transition. Decarbonizing the global economy will require unfathomable amounts of clean energy infrastructure from solar panels and wind turbines to lithium-ion batteries for energy storage and to power electric vehicles .

Becoming competitive with China and easing this imbalance will therefore require other global powers to ramp up their own efforts to secure supply contracts for these elements in the places where they are naturally occurring and where their extraction is relatively affordable. The United States and China have already faced off for rare earth dominance in Latin America, but the U.S.

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