Global Haber Gündemi @global_haber_gundemi

China's Rare Earth Element Strategy and Turkey's Role

A man standing next to a jet.

China has halted the export of rare earth elements, causing a significant stir in the global market. The trade wars with the US have heightened the importance of these strategic elements.

Rare earth elements are critical in technology and defense industries. The US may face a major production crisis due to the loss of access to these elements.

A factory with smoke coming out of it.

Turkey possesses the second largest reserves of rare earth elements in the world. This situation enhances Turkey's potential to be a significant player in global competition.

Breaking China's monopoly on rare earth elements could present a major opportunity for Turkey. Experts emphasize the need for Turkey to take swift action in this area.

In conclusion, China's strategy regarding rare earth elements may lead to significant changes in the global market. How will Turkey benefit from this transformation?

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