“The Killer Chokepoint”: China’s Rare Earth Squeeze Is Reshaping The Global Economy

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Artificial intelligence may be driving headlines, but one of its biggest vulnerabilities is an obscure metal that few people have ever heard of. Yttrium, a rare earth element first identified more than two centuries ago, has quietly become an essential ingredient in advanced semiconductor manufacturing, according to the Financial Times. As demand for AI chips accelerates, securing reliable access to the metal has become a growing strategic concern. “We’re in the middle of a sea change in terms of how the global economy works.” — Daniel Yergin, vice-chair of S&P Global, describing the shift away from purely efficiency-driven global supply…

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