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Ian Verrender
Columnist for Australian Foreign Affairs.
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Jul 14, 2025
• 14min
How China took over the world’s critical minerals
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Ian Verrender, a columnist for Australian Foreign Affairs, dives into China's intricate plan for dominating critical minerals like rare earths and nickel. He reveals how this strategy has granted Beijing leverage over Western economies and defense sectors. The discussion highlights Australia's efforts to reclaim some control, including advancements in its own mineral sands. Verrender also touches on the market manipulations by China and the implications of its monopsony status globally, signaling a race against time for competitors.
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