Allysia Finley writes in The Wall Street Journal on Russia’s share of the global nickel market.
- Russia supplies about 20% of the world’s class 1 nickel and China owns a dominant share of the global rare earth mineral market, both of which are essential to powering clean technologies such as EVs and solar panels.
- While clean energy is essential to reducing emissions, government mandates will make us more reliable on adversaries such as China and Russia to meet energy needs.
- The United States must diversify the sourcing of its rare earth minerals by increasing domestic mining and working with allies such as Australia.
Read the full article here.