Why the proposed Brussels buyers club to procure critical minerals is a bad idea

Payne Institute Fellow Cullen Hendrix writes about how the concern about critical mineral supply chains and its own strategic vulnerabilities, the European Union is advancing a buyers club to procure minerals critical to the clean energy transition, such as bauxite, cobalt, lithium, and nickel.  The European Union is deeply dependent on imports of both raw and processed critical minerals and materials and thus highly exposed to global price volatility.  May 16, 2023.