There’s mounting urgency to secure sources of rare earths and strategic metals. Governments are increasingly aware of the need to fight climate change and find new sources of energy.
Rare earths are a sub-set of strategic metals. They’re found across the world but their ‘rarity’ comes from being hard to mine – they’re never found in high concentrations, and are generally mixed together with each other or radioactive elements.
Rare earths and strategic metals are also a key ingredient in the tech revolution, extending beyond clean tech. The major world powers are competing to secure supplies.