Mitigating Rare Earth Dependency While Creating New Revenue Streams

Analyst Insight: As global supply chains face increasing pressure, dependency on rare earth minerals, particularly from nations such as China, poses a risk that businesses across industries can no longer ignore. With essential minerals such as gallium and germanium heavily concentrated in a few countries, sectors from electronics to defense are left vulnerable to geopolitical shifts and export restrictions. Following are some steps for reducing these risks, while discovering potential new revenue streams by fostering a resilient supply chain. 

Rare earth minerals are indispensable in advanced manufacturing, yet their concentrated supply creates significant risks. Recent export restrictions have intensified the urgency to mitigate these dependencies. Key risks include:

Geopolitical instability. Sole reliance on foreign minerals in uncertain political climates increases the likelihood of sudden supply disruptions.

Supply chain fragility. Li…