1. The Impact of COVID-19 on Vulnerable Mineral Supply Chains
- Author:
- Thomas J. Duesterberg
- Publication Date:
- 07-2020
- Content Type:
- Special Report
- Institution:
- Hudson Institute
- Abstract:
- This report will concentrate on select examples of the growing US vulnerability to global competitors due to shortages of key mineral resources in our domestic supply base. Dependence on China for raw materials and competition with its manufacturing firms is also a key focus. Shortages do not always indicate a problem because our close allies in mineral-rich countries like Australia and Canada can mitigate gaps in domestic supply. However, China’s growing control over many basic materials, and its history of using that control as leverage for its own economic and political goals, makes this a cause of concern for the continued strength of the US manufacturing economy.
- Topic:
- Natural Resources, Economy, COVID-19, and Minerals
- Political Geography:
- China, Canada, Australia, North America, and United States of America