Part 8/15:
Similarly, rare earths—used extensively in advanced electronics and renewable energy components—are not inherently rare. The U.S. and its allies possess abundant reserves, but lack the necessary refining capacity. Recent diplomatic recognition by China acknowledging U.S. progress in this sphere indicates a possible window for developed nations to leverage their resources and refine capacities to compete effectively.
Innovations in magnet technology and alternative materials are likely to play a vital role in reducing reliance on traditional rare earths, further strengthening domestic supply chains. The importance of manufacturing efficiency, affordable inputs, and strategic resource allocation remains central to maintaining competitiveness.