“Our regional and global order is being redrawn. And Europe must fight for its place,” European Commission president Ursula von der Leyen told the European Parliament not long ago.
The message could not be timelier. China‘s tightening of export controls on rare earth magnets has turned a decade of whispered warnings into a live test of Europe’s industrial resilience. The European Union is moving to monitor, jointly purchase, and stockpile critical materials. That is necessary but not sufficient. Europe’s next act should be bolder and simpler: build a single, common market for critical minerals and anchor it to a partnership with the United States.
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