China vs. United States: Competition over Rare Minerals Ratchets up
Oct 15, 2018
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Olivia Smith
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The United States has historically been the largest economy with correspondingly high natural resource consumption. However, Chinese consumption is catching up. Both countries are expected to increase their natural resource demand, particularly for minerals used in new technologies. Yet growth in global demand will exert pressure on already tight supplies. Consequently, countries must focus on resource security.