Arming the Future: How NATO’s Defense Surge Is Supercharging the Critical Minerals Economy

As NATO boosts defense spending to 5% of GDP and the U.S. launches the Golden Dome missile defense project, demand for critical minerals like Lithium, Cobalt, Rare Earths etc. is set to skyrocket, reshaping global supply chains and creating major opportunities for resource-rich nations like Canada. Projected increases in global defense spending, primarily among North Atlantic Treaty Organization (NATO) members and the United States, are expected to trigger extensive investment in military technologies and equipment procurement. Two major initiatives: NATO's revised defense spending target and President Donald Trump's Golden Dome missile defense project – will significantly impact logistics related to Critical Minerals and Metals. -NATO members have committed to boost their defense expenditure to 5% of their annual GDP by 2035, a significant increase from the former 2% target. Of this total, 3.5% will cater to the core defense - personnel and weapons, while 1.5% is designat...