Critical minerals, essential for both economic development and national security, are increasingly at the forefront of policy discussions. These vital resources, whose availability is often concentrated in a few geographical regions, pose significant supply chain risks. The disruption of supplies can have profound implications, from hindering technological advancement to compromising national security.
Unlike other commodities, critical minerals lack a universal definition. Each country designates its list of critical minerals based on specific national needs and strategic priorities. This individualised approach underscores the diverse economic and security concerns that drive the global demand for these indispensable resources.