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Critical Minerals

Lithium, cobalt, rare earths — the new resources that power the green transition and the scramble to control them.

The New Resource Scramble

The transition from fossil fuels to clean energy doesn't eliminate resource dependency — it shifts it. Electric vehicles need lithium, cobalt, and nickel for batteries. Wind turbines require rare earth elements for magnets. Solar panels use silicon, silver, and tellurium. Grid-scale storage and hydrogen production create additional demand.

The concentration of these minerals is striking. The Democratic Republic of Congo produces about 70% of the world's cobalt, often under appalling labor conditions including child mining. China controls roughly 60% of rare earth mining and over 85% of rare earth processing. Australia and Chile dominate lithium extraction.

China's grip on critical mineral supply chains is a major strategic concern. In 2010, China temporarily restricted rare earth exports to Japan during a territorial dispute — a preview of how mineral dominance could be weaponized. The US, EU, and others have launched initiatives to diversify supply chains, increase domestic mining, and develop recycling technologies, but building new mines takes 10-15 years and faces significant environmental and social opposition.

Critical Minerals | Model Diplomat