Rare Earth Elements: Uses and Implications of New Discoveries
Programmes
15 Feb 2023

Rare Earth Elements: Uses and Implications of New Discoveries

Rare earth elements (REEs) are a group of 17 elements that are crucial for the production of a wide range of high-tech products. Ironically, REEs are not “rare” and are found abundantly throughout the world, however, when found they are in such low concentrations that extraction is not feasible. Furthermore, when found in higher concentrations they must be separated from other elements, a process that is both environmentally and financially costly.   REEs are vital for several industries and are used in electronics, military technology, and most importantly, renewable energy. Although substitutes exist for REEs with producers attempting to replace them, REEs continue to be more effective, therefore, given their importance in the production of renewable technologies such as wind turbines and electric vehicles, demand is expected to increase, with the European Union (EU) alone expecting REEs needs to increase fivefold as it and the rest of the world transitions to net-zero.   Currently, China dominates the global REEs market, accounting for over 35% of the world’s REEs reserves and 70% of production. China's domination of the REEs market has raised concerns over supply chain security, dependence on China, and China’s use of REEs as a political bargaining piece; such as when it cut exports to Japan following the arrest of a Chinese sailor by Japan. Recently, discoveries of REE deposits in Norway and Sweden have made headlines. The discoveries could have the potential to disrupt the market and have far-reaching implications.  
Securing the Future Generation: A Road Map for Arab Nuclear Cooperation
Publications
22 Dec 2022

Securing the Future Generation: A Road Map for Arab Nuclear Cooperation

Nuclear cooperation attracts international and regional attention, many Arab countries have aspired to produce clean nuclear energy and have either begun or are seeking to join the nuclear energy club. The United Arab Emirates (UAE), The Kingdom of Saudi Arabia (KSA) , Egypt, and Jordan, are the frontrunners in the Middle East and therefore will be the focus of this paper. Nuclear power is an international industry in terms of operation, supply chains, and vendors, as well as nuclear safety, non-proliferation and waste management, therefore, there is an ongoing need for cooperation and collaboration between states. This cooperation can include sharing technical expertise and nuclear technology, establishing agreements that facilitate nuclear exports, agreements on nuclear safety and standards, and collaboration with regulatory frameworks.   The paper employs horizontal or environmental scanning to analyse the current position of nuclear energy in each country and their preparedness for nuclear cooperation, as well as existing models of nuclear cooperation in other regions. Thereafter, the paper explores the different incentives countries may have for engaging in nuclear cooperation, including the potential benefits to be gained. A SWOT analysis is used to structure the environmental scanning, evaluating the strengths, weaknesses, opportunities, and threats within each country with regards to their potential role and contribution to nuclear cooperation in addition to an overall SWOT analysis of the countries as a whole with regards to the prospect of ongoing collaboration.   The paper is divided into three chapters; the first chapter provides an overview of nuclear energy in each of the selected countries, the second chapter examines existing models of nuclear cooperation and analyses the different enabling factors which will later be used to identify opportunities for Arab nuclear collaboration, and the third chapter analyses the various economic, political, and security incentives that would drive countries to seek cooperation or that can be used to advocate for greater collaboration among policymakers.   A cooperation model is produced as a result of this analysis, highlighting key characteristics of the ideal regional partnership. Three scenarios for Arab nuclear cooperation are evaluated to demonstrate what could occur if this proposed cooperation occurs, how it would happen, and the scenarios of no collaboration or limited cooperation.