- China produces nearly 70% of the world’s rare earth elements and refines over 90% globally. (Oxford Energy, theweek).
- Russia is responsible for approximately 20% of global nickel production. The Democratic Republic of Congo (DRC) accounts for more than 70% of the world’s cobalt production (theweek)
- Chile is a major source of refined copper, accounting for nearly 70% of US imports. US buys 20% of its exports from China, China buys more than 40% of its imports from the US.
Join Chris, Greg and Jim for a lively discussion for an in-depth webinar where we will explore innovative methodologies for identifying and managing high-risk suppliers through Strategic Simulation Modeling.
► Chris White Lean MBB, Founder and President of scmBLOX
► Greg Schlegel CPIM, CSP, Jonah, Founder of The Supply Chain Risk Management Consortium
► Jim de Vries: Founder, Managing Partner of Enhance International Group
Key Takeaways:
• Learn insights into the impact on your RARE EARTH Suppliers.
• Discover advanced techniques in Strategic Simulation Modeling to safeguard your supply chain.
• Gain actionable insights to enhance your company’s resilience and ensure uninterrupted product delivery.
This is the 4th in a series of webinars leveraging FOAK Strategic Risk Simulation tool, which models cause-and-effect relationships and their outcomes.
AGENDA
1. RARE EARTH Mineral Challenges
2. Scenarios and Alternatives to Address Challenges
3. Relationship Modeling the Impact of Constrained RARE EARTH Suppliers
4. Case Study
5. Recommendations on How to address RARE EARTH Raw Material Constraints
6. How to get Started?