US's critical minerals summit will burden Global South with most costs'
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US's critical minerals summit will burden Global South with most costs'
"US's critical minerals summit will burden Global South with most costs' Quotable The United States has hosted its first critical minerals summit aimed at challenging China's dominance of the global supply chain for rare earth elements."
"But political economist Stefan Zylinski warns that Global South countries are likely to bear the greatest cost from any plan conceived by the Global North."
The United States hosted a critical minerals summit aimed at challenging China’s dominance of the rare earth elements supply chain. Strategic moves to secure supply chains and diversify sources are intensifying competition over critical minerals. Political economist Stefan Zylinski warns that Global South countries are likely to bear the greatest costs of such strategies. Those costs include expanded extraction, environmental damage, infrastructure strain, social displacement, and unequal economic terms. Wealthier nations risk externalizing financial and ecological burdens while securing minerals for technology and defense supply chains. Equitable policies, stronger safeguards, and fair compensation are needed to avoid disproportionate harms.
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