What are strategic metals?Why are they called so?
A strategic metal is basically a metal that is important for significant industries of a country such as energy, aerospace, telecommunication, computer, mobile technology and national defense of country. These industries play an important role in the strategic and economic development of a country, and hence, the name.
Examples of Strategic metals:
Rare earth metals zinc, copper, silver, lead , silicon, titanium and chromium.
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What are strategic metals?Why are they called so?
A strategic metal is basically a metal or mineral element that is important for some industrial process or other use
What are strategic metals?Why are they called so?
Strategic metals, also known as critical metals or rare earth elements, are a group of metallic elements that are essential for various strategic industries and technologies. These metals play a crucial role in enabling advanced technologies, defense systems, and sustainable energy solutions. They are called strategic metals due to their importance in national security, economic growth, and technological advancements.
Why are they called strategic metals?
Strategic metals are called so because of the following reasons:
1. Criticality: These metals are critical for the functioning of key industries such as aerospace, defense, electronics, energy, and telecommunications. Their unique properties make them indispensable for the development and production of advanced technologies.
2. Limited availability: Strategic metals are relatively rare in the Earth's crust, making their extraction and production challenging. Their limited availability adds to their strategic importance as the demand for these metals continues to rise.
3. Dependence on imports: Many countries heavily rely on imports to meet their strategic metal requirements. This dependence on foreign sources can pose risks to national security and economic stability. Therefore, securing a stable supply of these metals becomes crucial.
4. Technological advancements: Strategic metals are vital for the development of cutting-edge technologies. For instance, rare earth elements are essential components in the manufacturing of high-performance magnets used in electric vehicles, wind turbines, and electronic devices. Without these metals, the advancement and competitiveness of various industries would be severely hindered.
5. National defense: Strategic metals are crucial for the defense industry as they are used in the production of advanced weaponry, communication systems, and military equipment. Maintaining a stable supply of these metals ensures the readiness and capability of a nation's defense forces.
6. Economic impact: The strategic importance of these metals is also driven by their significant economic impact. Industries that rely on strategic metals contribute to economic growth, job creation, and technological innovation. Therefore, ensuring a sustainable supply of these metals is essential for maintaining economic competitiveness on a global scale.
In conclusion, strategic metals are called so because of their criticality, limited availability, dependence on imports, importance in technological advancements, significance in national defense, and economic impact. These metals are vital for various industries and play a crucial role in driving economic growth, national security, and technological progress.
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