BRICS vs. G7: The Rare Earth Battle That Could Reshape Global Power

The New Oil of the 21st Century Rare earth minerals are not rare in name only. They are the backbone of modern civilization. They power: Advanced semiconductors. Electric vehicles. Fighter jets and missile systems. Wind turbines and advanced batteries. Smartphones and AI data centers. Control rare earths — and you influence the modern economy. According to current estimates, BRICS nations collectively control roughly 70%+ of known rare earth reserves. China alone dominates global refining capacity, which may matter even more than the raw deposits themselves. That’s not a minor imbalance. That’s strategic leverage. The Hard Reality: Refining Is Power The United States does have rare earth deposits. Mountain Pass in California is proof of that. But here’s the uncomfortable truth:…