Strategic minerals: Global challenges post-COVID-19
1Center for Mineral technology, CETEM/MCTI, Av. Pedro Calmon, 900, Cidade Universitária, CEP:21.941-908, Rio de Janeiro, RJ, Brazil.
Abstract:
In 2020, many countries endorsed lockdown measures, closed their borders, and practiced social distancing in a bid to contain COVID-19. These moves, however, disrupted global production and supply chains; no economic sector remained fully intact. The pandemic has exposed the vulnerability of supply chains in a globalized world, perhaps none more so than those linked to the distribution of essential raw materials. Minerals are considered raw materials, the extraction of which has important implications for a country's sovereignty and economic autonomy. They are found in abundance in consumer goods such as smartphones, cell phone batteries, computer monitors, cards, and other electrical and electronic products whose useful life has ended. In response to the health and economic problems arising from the current crisis, several countries have moved ahead and outlined post-COVID-19 strategies for the supply of critical metals, over the medium and long term, to reduce their dependence on other states for these commodities. This paper reflects critically on the positioning of the world's large economies, in the face of the COVID-19 crisis, on strategic minerals.
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