A new analysis highlights how critical minerals—essential for electronics, renewable energy, and defense technologies—are increasingly seen as the backbone of the global economy, comparable in strategic importance to oil. Experts warn that supply chain vulnerabilities and geopolitical tensions could disrupt access to these resources, posing risks to technological advancement and economic stability. The report underscores the need for sustainable sourcing and diversification to prevent future shortages. With demand surging, industries and governments are racing to secure these vital materials before competition reshapes global influence.
Critical Minerals: The New Oil of the Global Economy- Expert View by Spherical Insights Spherical Insights