A number of nations are set to benefit big-time from the critical minerals race. For example, Chile is planning to nationalise its immense lithium industry, while Australia, Canada, Indonesia, and Argentina are also likely to profit from their own bountiful reserves and friendly relations with the US.

It's clear there's big money – and even bigger consequences for the planet – at stake, but only time will tell what the industry will look like over the next couple of decades...

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What are critical minerals and who's winning the race to control them?