Asia Centric: Iran War Drives New Global Urgency for Rare Earths
The Iran war is refocusing global attention on the critical supply chains that power modern military arsenals. Rare earths are essential components in advanced weaponry, from fighter jets to interceptor...
By Clara Chen · Bloomberg
The Iran war is refocusing global attention on the critical supply chains that power modern military arsenals. Rare earths are essential components in advanced weaponry, from fighter jets to interceptor missiles such as THAAD and Patriot. However, with Chinese export restrictions increasingly targeting equipment with military end-uses, Western nations are facing a critical shortage of the materials needed to rearm.