How the US fell behind in securing access to critical metals

Kitco Media
By Michael McCrae
Published
Updated
Kitco News
The Leading News Source in Precious Metals

Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage (often exclusive) of important industry events and analyses of market-affecting developments.

Subscribe to Kitco Roundtable on iTunes

Under-investment, just-in-time manufacturing and environmental pressures are some the factors that resulted in the U.S. falling behind in securing its own domestic supply of critical metals, said Duncan Wood, vice president for strategy & new initiatives at the Wilson Center.

On Friday Wood recorded Kitco Roundtable with mining audiences manager Michael McCrae.

Wood was lead author for the The Mosaic Approach: a Multidimensional Strategy for
Strengthening America’s Critical Minerals Supply Chain. The Wilson Center, chartered by Congress in 1968 as the official memorial to President Woodrow Wilson, is an American non-partisan policy forum.

In the summer of 2021, the Wilson Center convened a Critical Minerals Working Group, made up of stakeholders from industry, academia and civil society, to examine the vulnerabilities that exist in the supply chain, and to discuss how the private sector and government can address them. Finding from the group were compiled in the report.

Kitco Media

Michael McCrae

Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was co-founder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out: mmccrae@kitco.com or (514) 670-1383. You can also follow him at @michaelmccrae.

Mdi Earth Logo

Share

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.