Asia | High on their own supply

Can Australia break China’s monopoly on critical minerals?

Asia’s new resource competition

A truck transporting lithium, Chaerhan Salt Lake, Qinghai, China
Image: New York Times / Redux / Eyevine
|PERTH

JUST AS OIL was weaponised by its suppliers in the 1970s, so China’s dominance in the supply and processing of critical minerals could prove threatening. Cobalt, graphite, lithium, nickel, the rare earths and more are called critical for good reason. They are crucial to defence, smartphones and other digital technologies. A handful are essential to wind turbines, batteries and electric vehicles. A clean-energy future is inconceivable without them.

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This article appeared in the Asia section of the print edition under the headline “Asia’s new resource competition”

From the June 24th 2023 edition

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