Australia and Ukraine's rare earth power

Global Watch | 2025-11-14

Imagine a world without smartphones, electric vehicles or even advanced defense systems that keep us safe. It's hard to picture, isn't it? Yet, all these technologies rely on a group of 17 unique elements that are essential for modern life called rare earths. From powering our gadgets to enabling cutting-edge military equipment, rare earth elements are the unsung heroes of the technological age.

Still, there is a catch. Rare earths are not evenly distributed across the globe, and their extraction and processing are complex. For years, the world has relied heavily on China, which produces about 90% of the global supply of rare earths. This dependence has raised concerns about global supply chain vulnerabilities.

That's where Australia and Ukraine come in. The two nations are rich in rare earths and critical minerals and can be vital partners for nations wanting to secure a stable and sustainable future.

Rare earth elements include 17 materials such as lanthanum, cerium, neodymium and dysprosium. These elements have unique properties that make them indispensable in various applications.

Critical minerals like lithium, cobalt, graphite and titanium are equally vital for energy storage, aerospace and electronics. Both Australia and Ukraine are rich in these resources, offering promising alternatives to traditional suppliers.

Here's a snapshot of what each country provides. Australia offers neodymium (Nd), which is used in powerful magnets for electric vehicle motors and wind turbines. Dysprosium (Dy) enhances the performance of magnets in high-temperature environments, crucial for defense systems and electric vehicles.

Lithium is a key component in rechargeable batteries for smartphones, laptops and electric vehicles. Cobalt is essential for advanced alloys, battery production and aerospace applications. Graphite is used in batteries and semiconductors. Ukraine's offerings include neodymium (Nd), dysprosium (Dy), lithium, cobalt and titanium, which is essential for aerospace components and medical devices.

Reducing dependence on China

Australia is one of the few countries outside China with significant rare earth reserves. Its Lynas Rare Earths company is the largest producer of separated rare earths outside China, and the nation is actively investing in refining and processing capabilities.

Partnerships with Australia can reduce dependence on China and ensure a steady supply of these critical materials. Ukraine, on the other hand, is an emerging player with untapped reserves and a strategic location. Its resources can support the development of advanced technologies while diversifying global supply chains. Partnering with Ukraine offers a promising alternative to traditional suppliers, strengthening international ties and fostering innovation.

Rare earths and critical minerals are not just about convenience; they're about security.

Both Australia and Ukraine's resources can support the development of advanced defense technologies. Rare earth magnets are used in precision-guided missile systems and smart bombs, ensuring accuracy and reliability. Elements like yttrium and gadolinium improve radar system sensitivity and accuracy, helping detect threats more effectively.

Titanium and advanced alloys containing rare earths enhance the durability and efficiency of military aircraft, submarines and vehicles. International Partners of these countries can ensure a steady supply of these materials, strengthen their defense capabilities and reducing reliance on potentially unstable supply chains.

Partnerships are key

Partnerships with Australia and Ukraine offers several key benefits such as supply chain security as diversifying sources increases supply chain security and reduces the risk of disruptions caused by geopolitical tensions or trade restrictions.

Collaborations also can boost economic and industrial growth in partner countries, creating jobs and fostering innovation. In addition, both Australia and Ukraine have the potential to adopt environmentally responsible and sustainable mining practices, ensuring that resource extraction minimizes harm to the planet.

As global demand for rare earths and critical minerals is expected to triple by 2040, partnerships with Australia and Ukraine are more important than ever. These partnerships not only secure access to essential materials but also foster innovation and strengthen international ties.

Australia's established expertise and Ukraine's untapped potential in rare earths and critical minerals are treasures waiting to be unlocked. By working together, nations can build a future that’s technologically advanced, secure and sustainable.

So, the next time you charge your smartphone or see an electric vehicle on the road, remember the rare earths that make it all possible and the roles Australia and Ukraine play in shaping our shared future.