A number of critical minerals are dual use: They have a defence application—and I think of graphite—as well an application to green transition or battery storage. I also think about rare earth elements, whereby just under two pounds goes into an EV. A certain amount also goes into the production of F-35s. While the amount may seem insignificant compared to the whole production of an EV, it is essentially crucial to the production of that supply chain.
Rare earth elements have a highly concentrated supply chain. There are also export measures that have already been imposed. We are actively working with our project proponents as well as our allies to build the resiliency needed when it comes to the supply chain related to not only the defence application, but also green transition.