Can China's rare earth dominance ever be challenged?
The Newsmakers
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The Newsmakers is TRT World’s flagship current affairs programme hosted by Andrea Sanke, featuring in-depth reports and interviews with the drivers of the biggest stories of the week. We go to the heart of every issue, offering debates, context and commentary that disrupt conventional perspectives on international affairs. With our host Andrea Sanke, we generate discussion, drive the news agenda and demand accountability from people in power. The Newsmakers is an honest and relevant take on the events that impact people around the world, and challenges the status quo.
Video Description
China, the undisputed leader of the global critical minerals supply chain, produces nearly 90 per cent of the world's rare earth magnets. Used in everything from our smartphones to submarines, the export controls of critical minerals have provided Beijing with enormous political and economic leverage. For decades, wealthy nations around the world were happy to rely on Chinese rare earth supplies. Seeking to reduce dependence on China, the US President has recently signed a series of deals on his Asia tour to secure supply of critical minerals. But with China significantly ahead in the manufacturing and engineering of crucial rare earth components, can competitors really catch up? Guests: Peter Newman Professor of Sustainability at Curtin University Laurie Laird Financial Journalist Einar Tangen Senior Fellow at Taihe Institute #China #RareEarth #theNewsmakers
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