AustrAliA’s rAre eArth highwAy: A rAce to resilieNce or DoMiNANce?

the final section examines the dynamics between china and Australia amidst the ongoing global supply chain crisis and the potential of Australia’s rare earth highway to be a challenge to china’s rare earth dominance or be a significant contributor to the global supply chain resilience. [...] Michael porter popularised the idea of the “value chain” with the goal of applying the “ricardian principle of comparative advantage” to the value chains of industries. [...] the centre is supposed to achieve the following objectives: (a) foster the development of Australian intellectual property in the field of critical minerals; (b) identify and address the specific technological obstacles hindering the efficiency of the strategic supply chain; (c) advancement of collaborative research to reach significant breakthroughs. [...] (c) with india india, now in the period of exploration, and Australia, the second-largest producer in the ree industry, have initiated collaborative efforts in the field of critical minerals subsequent to the signing of their Memorandum of understanding (Mou) in 2020. [...] in April 2023, the governments of Australia and the united Kingdom made a joint commitment to collaborate on the development of critical minerals, with the aim of enhancing the global supply chain.