15 Sep, 23

A Critical Mineral Cartel Would Be Worse Than OPEC

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In her State of the Union address this week, EC President Ursula von der Leyen made a point about the EU’s growing independence in sectors such as energy, chips, and raw materials. The official stressed the importance of these raw materials for energy, after which she went on to slam China for unfair market practices. Was she aware Europe’s transition is literally doomed without China? Perhaps. Or perhaps she sincerely believed the EU could build its own transition supply chains from scratch. Only that would be as tough as jumpstarting…

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