The Truth of the Matter China’s Halt of Critical Minerals
12 snips
Apr 15, 2025 Gracelin Baskaran, the Director of the Critical Minerals Security Program at CSIS, dives into China's recent halt of critical minerals exports to the U.S. She highlights the strategic implications of this move for both consumer products and defense industries, emphasizing national security risks. The conversation also spotlights vulnerabilities in U.S. supply chains and bipartisan efforts to reduce dependence on China. Baskaran further discusses how this affects global semiconductor markets and the automotive sector, revealing complex geopolitical tensions.
AI Snips
Chapters
Transcript
Episode notes
Rare Earth Minerals: Not So Rare
- Rare earth minerals, a group of 17, are a misnomer, as they are not rare.
- China controls a significant portion of rare earth processing, about 90%, creating a vulnerability for US national security.
Export Restrictions and Their Impact
- New restrictions on rare earth exports require companies to apply for permits.
- These restrictions, coupled with a ban list of firms, severely limit access for critical technology manufacturers.
Military Use of Rare Earth Minerals
- An F-35 fighter jet uses 900 pounds of rare earth elements.
- A Virginia-class submarine uses about 9,200 pounds, highlighting the military's dependence on these materials.