Why Can’t We be Friends? Friendshoring the REE Supply Chain

‘Friendshoring’ is a more frequently employed practice in trade policy to ensure a reliable supply of key materials. Recent U.S. investments suggest a pivot toward more secure rare earth element (REE) supply chains, creating the opportunity for longtime U.S. trade partners like Australia to become a source of REE imports.

This Executive Briefing on Trade will examine the friendshoring approach as it applies to the supply chain for rare earth elements