Critical minerals and strategic minerals and materials, such as rare earth elements and lithium, are essential to modern technology, economic growth, national security, and sustainable energy. These minerals are foundational to renewable energy systems, electric vehicles, advanced electronics, and defense technologies.
Critical minerals, including praseodymium, neodymium, dysprosium, and terbium are crucial for manufacturing powerful magnets for wind turbines and electric vehicle motors, while lithium powers rechargeable batteries.
Strategic minerals and materials are vital for military hardware and critical infrastructure.