A Sustainable Future

Prof. Saleem Ali, University of Delaware, on the Global Scramble for Rare Earths and Critical Minerals

4 snips
Apr 29, 2025
Professor Saleem Ali from the University of Delaware discusses the global dynamics of rare earths and critical minerals, emphasizing the political and economic pressures shaping supply chains. He highlights the transition from fossil fuels to renewable energy, revealing the resource demands and environmental implications involved. Ali advocates for a circular economy and proposes a mineral trust to ensure equitable access and sustainable practices. The conversation also touches on the role of blockchain in enhancing traceability within resource management.
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INSIGHT

Material Energy Nexus

  • The shift from fossil fuels to renewable energy increases demand for critical minerals due to the "material energy nexus."
  • Renewable energy infrastructure requires more materials to generate the same power as fossil fuels.
INSIGHT

Mining Development Challenges

  • Developing new mines has long lead times, averaging 15-20 years with only 10% exploration success.
  • These lags impact how quickly mineral supply can meet energy transition demands.
ANECDOTE

China's 2010 Rare Earth Export Ban

  • In 2010, China imposed a two-month rare earth export ban on Japan citing environmental cleanup.
  • WTO ruled against China and forced them to reopen exports, showing the power of international trade governance.
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