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The Scramble for Rare Earths - 4. The EU's Dependency on China

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The Battle for Critical Raw Materials and Geopolitical Tensions

The battle for metals and critical raw materials is central to rising geopolitical tensions worldwide/nExtracting metals like lithium, cobalt, and neodymium for green energy transition is problematic/nChina dominates the global market and Europe is highly dependent on China for rare earths/nEurope is struggling to exploit its own resources and relate to other parts of the world/nChina and Russia have adopted a strategic outlook on climate and green transitions, which is reflected in their policies and defense strategies

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