Anna Hartz
China Controls Rare Earths and Strategic Minerals
The world’s economy depends on a few critical materials. Countries that control these resources can gain huge influence.
Rare earths, lithium, cobalt, uranium, and gold are among the most important. China has quietly moved ahead in this race, surprising experts with the speed and scale of its acquisitions.
Strengthening Its Global Position
China has bought more than 2,200 tonnes of gold in a short period, even though the price has now passed $4,000 an ounce, reports Ziare. Analysts believe the true figure may be even higher.
The country is also stockpiling uranium to support its growing nuclear program. These moves are part of a long-term strategy to secure access to resources and strengthen its global position.
A Coordinated Plan
Anne-Marie Brady, an expert on Chinese foreign policy at the University of Canterbury, said China is using a coordinated plan. It includes controlling mining, refining, and overseas ports.
China has invested in ports in Australia and Sri Lanka. It has also expanded its navy to protect sea routes for its shipments.
The Problematic Rare Earths
China’s control over rare earths is particularly worrying. These metals are essential for advanced technologies, including electric vehicle motors, wind turbines, computer chips, lasers, and robotics.
They are difficult to refine, and China has mastered the process. Last week, Beijing further restricted exports of rare earths, especially those used in military goods, affecting U.S. defense industries.
Reducing Reliance on China
Other countries are trying to catch up. Australia is the world’s fourth-largest producer of rare earths, but it still lacks refining infrastructure. The government is planning a $1.2 billion strategic reserve to reduce reliance on China.
Meanwhile, the U.S. and EU are exploring investments in processing to break China’s monopoly.
A New Era
China’s actions show how strategic resources are tied to power. The BRICS nations, including China, Russia, and India, have even discussed a gold-backed currency to challenge the U.S. dollar.
Experts warn the world may be entering a new era, divided between countries that support the rules-based order and those following a China-centric path.
Economics and Power
Upcoming meetings, such as talks between U.S. President Trump, Australian Prime Minister Anthony Albanese, and Chinese President Xi Jinping, could determine how global supply chains shift.
The race for resources is not just economic; it is shaping the balance of power for decades to come.
This article is made and published by Anna Hartz, which may have used AI in the preparation
