Rare Earth Magnets Have Become the New Battleground for Global Power ...Middle East

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Rare Earth Magnets Have Become the New Battleground for Global Power
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Resource security when it comes to rare earth magnets is something the modern-day world has been desperately trying to get right. This is primarily due to rare earths’ increasing importance in electronics, defense, vehicles, and much more.  For years, countries have been seeking ways to secure access to these vital resources. However, 90% of the current supply is in the hands of China, whose relationship with the U.S. and other countries has not been ideal of late. Despite best efforts, many nations remain dependent on Beijing for their…

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