Addressing Critical Raw Materials Dependency
The UK and Europe are at a critical juncture, with their economic security threatened by reliance on external suppliers who can manipulate supply chains and prices.
A recent report by the EU Institute for Security Studies (EUISS) highlights China's growing control over supply chains, export restrictions, and price wars, particularly for critical metals such as rare earths, permanent magnets, gallium, and graphite.
China's strategy is not just trade but is tying up the underpinnings of industrial competitiveness: the materials, the refining, the supply certainty.
- Rare earths
- Permanent magnets
- Gallium
- Graphite
Author's summary: UK and Europe face economic security threats due to reliance on external suppliers.
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