The global supply chain for critical minerals is increasingly defined by geopolitical tensions, economic volatility and policy uncertainty. While deposits and processing facilities are geographically concentrated, demand is widely dispersed across clean energy, transport and advanced technology sectors. as nations seek to secure supplies through strategic stockpiling, trade restrictions and friend-shoring, the industry faces mounting challenges in maintaining resilient and sustainable supply chains. The return of Donald Trump to the US presidency could further disrupt global mineral markets, with potential shifts in industrial policy, trade agreements and international alliances. a renewed emphasis on resource nationalism, onshoring and bilateral trade deals may reshape global supply chains, creating both risks and opportunities for australian producers. as a major supplier of critical minerals, australia must navigate increasing pressure to align with US supply chain strategies while managing its own economic and geopolitical interests in the Indo-Pacific. The potential for escalating trade tensions with China adds further complexity, underscoring the need for diversified markets and investment in downstream processing. This presentation will explore the economic and geopolitical forces shaping critical minerals markets, including the impact of policy shifts, resource nationalism and emerging alliances in the sector. It will assess the implications of price volatility, investment risks and the growing importance of circular economy approaches in ensuring long-term supply security. By examining these factors through the lens of geopolitics, mineral economics and strategic resource management, this presentation aims to provide industry stakeholders with insights into navigating risks and capitalising on emerging opportunities in an increasingly uncertain global landscape.