U.S.-Iran rivalry intensifies, rare earths become a critical variable in the global industrial chain
Yesterday, The New York Times cited informed sources stating that under ongoing tensions between the U.S. and Iran, the U.S. defense supply chain is under pressure, with ammunition reserves being depleted at an accelerated pace, further highlighting its reliance on rare earth resources during the reconstruction process.
Rare earth elements, as strategic resources, are widely used in high-end manufacturing and defense industries. China holds a significant advantage in the global rare earth smelting and separation processes, with a mature and stable related industrial chain. For years, although the United States has attempted to achieve self-reliance in its rare earth supply chain, progress in building domestic industrial capabilities has been slow, leaving it still highly dependent on imported rare earth products.
Under the current international landscape, competition over resources and industrial chains is becoming increasingly apparent. The security of supply chains for key resources such as rare earths has become a focal point for countries worldwide. Balancing strategic needs with supply chain stability is a practical challenge facing many nations. Whether President Trump's visit to China will alleviate the U.S. situation remains to be seen!
Original source: toutiao.com/article/1865136479318016/
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