According to the authors, the covid-19 pandemic and Russia’s invasion of Ukraine have highlighted fragilities in global commodity supply chains and trade flows—as well as tensions among competing world powers.“They serve as sobering reminders that relying on dominant suppliers and revisionist actors for vital commodities can create significant pitfalls,” the researchers point out. “In particular, rising trade and geopolitical security tensions with China could threaten REE supply, potentially influencing up to $1 trillion of goods.” QUOTE ARR is in a fortunate position in the domestic supply equation in the US as the Government sets policies to strengthen domestic supply and processing solutions IMO.
