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The United States has recently renewed its goals to reduce carbon emissions and move towards reliance on renewable energy sources such as solar plants, electric vehicles, and wind farms. This transition from the traditional use of fossil-fuels to renewables for energy production requires an extraordinary amount of mineral extraction. The location of such minerals is condensed in few areas throughout the globe, such as China, Australia, Chile, and the Democratic Republic of the Congo. The extraction and refining processes of such minerals is currently dominated by China and Chinese firms. Sourcing of minerals in volatile regions also threatens the reliability of access to those necessary for energy production, whether it be due to civil unrest or climate risks. Relying on Chinese mineral production limits the bargaining power of the United States as it becomes increasingly reliant on these energy sources.
3 Min Read
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