Central Asia’s Critical Raw Materials: The Next Frontier in Global Power Rivalry?
Eldaniz Gusseinov of the Ibn Khaldun University’s Heydar Aliyev Center for Eurasian Studies, alongside Abakhon Sultonazarov, IWPR Central Asia Regional Director, contend that the interplay between Central Asia’s ties with the West and China signals the onset of a resource rivalry. Following the upheaval in Ukraine and the ensuing global realignment, the West’s quest for rare earth metals has intensified, aiming to curtail its reliance on Russia and China. Yet, as Western nations pivot to renewables to lessen their dependency on Russian hydrocarbons, they grapple with the potential of becoming more dependent on China, a dominant force in the renewable sector. Central Asia emerges as a pivotal player amidst this, blessed with vast, yet largely untapped, mineral wealth, thereby positioning the region at the heart of the burgeoning competition for essential resources.