Why China dominates the critical metals sector Another article below on why China is so way out ahead of the rest of the world with regards to the critical metals sector. Hopefully with companies like Fathom Nickel having exploration success with discoveries in nickel, copper and platinum group elements the percentage of global supply will eventually turn in North America's favour.
However, I think the companies doing the grass roots exploration work often simply don't have enough financial resources to get the job done. I think Fathom Nickel will be one of the lucky ones to hit it big and find a significant economic mineral deposit as it certainly looks like they are in an excellent geographical setting to make a big nickel discovery.
https://www.kitco.com/news/2023-07-04/How-China-came-to-dominate-the-critical-minerals-sector-Steve-LeVine-s-The-Electric.html