The Geopolitical Implications of Rare Earth Mineral Dependencies and Technological Rivalries
Year: 2024
Type: article
Abstract: The critical minerals and raw materials are the backbone of modern technological innovations which power key industries i.e. renewable energy, electronics and defense. These minerals include rare earth elements lithium, cobalt and graphite are essential for used in semiconductors, manufacturing of long-lasting batteries and their use in renewable sources. Chinese dominance over the refining and processing of these minerals poses a critical threat to U.S and its allies. This paper explores how China’s control over these supply chains of critical minerals give it a strategic edge over other states. This study examines the strategic implications of China’s dominance by focusing on its leverage to influence international markets, price control of these and by giving them technological superiority. This paper highlights the vulnerabilities of competing nations particularly the United States and its allies who have been heavily reliant on Chinese exports of these minerals. Furthermore, the paper evaluates international efforts to deter the Chinese influence by using various means i.e. diversification of supply chains, recycling initiatives. It sheds light on the recommendations of the policy makers to promote technological resilience by establishing a framework for access to critical minerals. This research sheds light on the pivotal role of critical minerals in shaping future global power dynamics.
Authors: Aakif Ali, Faiz Ali Shah, Hasnain Raza
Institution: University of Chakwal
Language: English
Field: Social Sciences
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4412365444