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Rare earths and critical minerals
The European perspective
The European Union (EU) is part of the wider global rush to secure rare earth supplies and has expressed interest in working with Latin American countries to reduce their dependence on China. Brussels has identified 34 critical raw materials (CRMs) most of which have to be imported. Twenty-five of those on the list can be found in South America. EU documents stress the fact that CRMs are strategically sensitive since they are essential for modern industry, car manufacturing, mass communications, weaponry, and many other applications. But they also make the case for CRMs as essential to improve European competitiveness.
- Rare earths and critical minerals - what are they?
- Where are they?
- What is the outlook for demand?
- The US-China stand off
- Washington plays catch up
- The European perspective
- Brazil leads the charge
- USA Rare Earth makes its move in Brazil
- Concern over REE preferential access
- Argentina: the lithium RIGI story
- New Chilean government eyes value added
- Peru seen as player with “high geological potential”
- 2023 mining law holds Mexico back
- Bolivia moves away from state-led industrialisation
- Corporate moves in critical minerals and REEs
- Rare earths and the environment
- Conclusion – the coming boom