Part 17/20:
The Global Response: Diversification and Strategic Alliances
In response, the U.S., Europe, and allies have launched initiatives aiming to reduce dependency. The G7 announced plans to strengthen supply chains by developing alternative sources, building strategic reserves, and investing in domestic processing capacity. Despite recognizing the importance of diversifying supply, experts concede that complete independence from China’s rare earths is perhaps unattainable in the short term.