ConclusionIn summary, the global electoral landscape in 2024 is poised to have significant implications for the critical minerals market. With elections in key mining countries like Mexico, Indonesia, India, and South Africa, as well as the United States, the direction of mining policies and international cooperation could shift in various ways. The outcome of the U.S. presidential election, in particular, will play a crucial role. A Biden reelection is likely to continue and potentially enhance support for domestic mining and international partnerships. In contrast, a Trump victory could usher in a more aggressive “America First” strategy, leveraging the Defense Production Act to boost the U.S. critical minerals supply chain while potentially reducing reliance on international cooperation. Regardless of these outcomes, the overarching effort to establish and expand secure non-Chinese supply chains for critical minerals is expected to persist, unless there is a significant shift in China’s stance. This underscores the critical intersection of politics and resource security in shaping the future of the global minerals market. QUOTE The turmoil ahead this year with the US election due in November will be a strong catalyst for critical resources to be centre stage IMO
https://investornews.com/critical-minerals-rare-earths/the-implication-of-global-elections-on-critical-minerals-in-2024/
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