There’s a real possibility things could escalate further from here…Russia, a commodity producing powerhouse is in prime position to maximise pain over the west by partnering with China.A multi-pronged attack placing export bans across numerous critical metals and energy.This would be devastating to manufacturers across Europe and North America.As last week’s development showed, the threats are real and reaching new levels of risk.Manufacturing of EV batteries, solar panels, smart phones, laptops, TV’s, appliances, medical and defence equipment all hinge on the reliable supply of critical metals.These raw materials are fed by China’s mighty midstream and downstream capacity.With the flick of a switch the world’s most important supplier can cut exports.This is unfolding far earlier than most geopolitical experts would have expected… Who knows how bad this situation could get in the months to come.It seems unthinkable that multibillion dollar companies like Tesla, Toyota or BMW would be left stranded without the raw materials needed to build their products.It’s the same situation for the massive US tech and defence companies relying on China’s supply of rare earths.For too long, manufacturers have ignored the importance of investing in upstream supply… Mining.Their day of reckoning is approaching fast. QUOTE Get ready for disruptive change in the future IMO
