Critical Minerals

Overview

Critical minerals are a subset of minerals used to build the batteries, computer chips, and magnets that power modern technologies, from personal devices, to clean energy sources, and advanced military apparatuses.

The US government has identified 50 minerals as "critical," deeming them essential to the national interest but vulnerable in their supply chains. Global competition to control the supply chains for these minerals—which are finite and dispersed around the world—has intensified as nations seek an edge in today's technology-driven world.

Rare earth elements are among the most sought-after minerals because their unique atomic structures confer various electrical, luminescent, and magnetic properties. While abundant throughout Earth's crust, rare earths are mixed in ores at low concentrations and require extraction and processing. As of 2025, China accounts for about 70% of global rare earth ore extraction and 90% of rare earth ore processing.

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