Strategic Minerals

Strategic minerals are essential natural resources crucial for the economy and national security of a country. These minerals, like lithium, cobalt, and rare earth elements, are vital in advanced technologies, including electronics, renewable energy, and defense systems. Their importance lies in their limited availability and the geopolitical implications surrounding their extraction and supply. Countries often seek to secure access to these minerals to maintain industrial competitiveness and reduce dependency on imports, which can be affected by political or economic instability in producing regions. Thus, managing strategic minerals is key for sustainable development and national interests.