RARE EARTH : THE NEW ECONOMIC WARFIELD✍
China's rare earth export restrictions pose a strategic threat to global car production and Western green ambitions, exposing critical vulnerabilities. Dysprosium, Terbium, and Neodymium are essential for electric vehicles and defense technology, yet alternatives are scarce and costly. China's dominance in rare earth mining, processing, and exportation creates a perfect storm, forcing the West to confront the fragility of its clean energy transition and national security.
The West's reliance on China for these critical materials undermines its economic and strategic interests. China's export restrictions could cripple global supply chains, disrupt production, and hinder innovation. The implications are far-reaching, affecting not only the automotive and renewable energy sectors but also national defense and security.
To mitigate these risks, the West must prioritize rare earth supply chain diversification, invest in research and development, and develop strategic partnerships. The stakes are high, and inaction could have severe consequences for the global economy and national security.