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China's Mineral Dominance Threatens Western Interests - Insights from Heather Exner-Pirot
In an insightful interview, Jeremy Szafron, Anchor at Kitco News, speaks with Heather Exner-Pirot, Director of Energy, Natural Resources, and Environment at the Macdonald-Laurier Institute, about Canada's strategic blockade against the sale of critical rare earth materials to a Chinese firm. Exner-Pirot delves into the complexities of Canada’s efforts to strengthen its control over essential minerals vital for advanced technologies and defense. This move mirrors initiatives in the United States, where the Biden administration is actively enhancing its critical minerals supply chain. The discussion extends to the broader implications for international trade, the challenges faced by junior miners in Canada due to tight capital markets, and strategic responses to China's dominant position in the global market.
Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow)
Follow Heather Exner-Pirot on X: @ExnerPirot (https://twitter.com/ExnerPirot)
00:00 - Introduction
02:00 - U.S. and Canadian Efforts in Mineral Security
04:00 - The Impact of Blocking the Rare Earths Deal
06:00 - Global Efforts to Diversify from Chinese Rare Earths
08:00 - Vital Metals and Market Challenges
10:00 - The Dominance of China in the Critical Minerals Market
12:00 - Building Canada's Mineral Processing Capabilities
14:00 - South Korea’s Strategic Mineral Alliances
15:00 - Tactics of Market Manipulation by China
16:00 - Future Strategies and Political Considerations
#RareEarthMinerals #CanadaChinaTrade #GeopoliticalTensions #CriticalMinerals #EconomicSecurity #MineralSupplyChain #TechDefense #GlobalTradePolitics #ResourceSecurity
#KitcoNews #copper #gold #silver #batterymetals #
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