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Critical minerals and rare earth metals have become central to global trade conversations, as countries are becoming increasingly reliant on these materials, used in everything from energy to defence.
Critical minerals are essential resources for green energy production, advanced electronics, and even military tech. Because specific nations are dominant in the supply and refining of them, governments sometimes implement export restrictions to control domestic prices or stimulate local refining industries. When exports are restricted, this can cause issues for businesses all around the world.
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