Saudi Arabia is quietly emerging as a major player in the rare earth elements market, with $2.5 trillion worth of untapped reserves. This strategic move positions the country for dominance in green energy, AI, EVs, defense, and advanced technology.
Why it matters:
Rare earth elements are crucial for modern technology, including EV batteries, smartphones, semiconductors, and renewables. Control over these minerals equals leverage in the global supply chain.
A new era of competition
Nations are competing for resources, not just products. Saudi Arabia's move is a bold step in reshaping its economic power and securing a spot in the future tech landscape 🏁.
The market implications are significant, with potential shifts in global supply chains and tech innovation. Would you like more on Saudi Arabia's Vision 2030 or the impact on global markets? 🌍
