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Corporate America Comes to Grips With Supply Chain Risks to Critical Raw Materials

May 20, 2025 | 20:38 GMT

Visitors walk down the inclined shaft at Steenkampskraal rare-earth mine on July 29, 2019, about 80 kilometers (about 50 miles) from Vanrhynsdorp, a town in Western Cape province, South Africa.
Visitors walk down the inclined shaft at Steenkampskraal rare-earth mine on July 29, 2019, about 80 kilometers (about 50 miles) from Vanrhynsdorp, a town in Western Cape province, South Africa.

(RODGER BOSCH/AFP via Getty Images)

Trade tensions between the United States and other countries -- especially China -- are fueling concerns among U.S. multinational corporations about disruptions to critical raw materials supply chains. As a result, numerous clients have reached out to RANE in recent months for help evaluating the importance and applications of various critical raw materials, analyzing their value chains and predicting potential supply chain threats. These questions can be particularly daunting since many U.S. multinationals are far removed from the initial part of their value chains, with most critical raw materials mining, processing and fabrication often done by distant suppliers. Knowledge among companies is often even scarcer regarding niche or obscure critical raw materials that are nonetheless vital to their operations. As the risk of supply chain disruptions rises, companies that proactively develop contingency plans will be able to navigate these dangers most effectively. ...

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