As the technologies we use as a society have advanced, so have the materials used in these technologies. Some of these materials are exotic and highly specialized, making them particularly vulnerable to supply disruptions and supply disruptions particularly impactful. Such materials are designated as “critical” materials. Their level of criticality can be identified by accounting for a number of factors related to their supply risk and the extent to which a supply disruption would impact business operations or society at large.
As the technologies we use as a society have advanced, so have the materials used in these technologies. Some of these materials are exotic and highly specialized, making them particularly vulnerable to supply disruptions and supply disruptions particularly impactful. Such materials are designated as “critical” materials. Their level of criticality can be identified by accounting for a number of factors related to their supply risk and the extent to which a supply disruption would impact business operations or society at large.
