US Authorities and manufacturing sector will now be able to identify the mineral assets that pose huge supply risk for the US Manufacturing sector with the help of a powerful tool. The tool analyzed the global supply and demand for 52 essential minerals between 2007 to 2016 and marked 23 minerals as the huge supply risk for the U.S. manufacturing sector. The evaluation is important as the manufacturing of new technologies is dependent on the supply of these mineral commodities. These minerals are currently being sourced from other countries and their supply can be halted due to several reasons such as trade conflicts, disease outbreaks, natural hazards, etc. This evolution of all the critically important minerals is part of President Trump’s potential strategy to ensure a reliable supply of critical minerals for the long-lasting development of the manufacturing industry.
