I keep hearing that “rare earths are the new oil” and that whoever controls them controls modern warfare. I’m not a materials science guy, just a regular follower of defense news, and I’m trying to separate hype from reality.
Specifically: how critical are rare earth materials (like neodymium, dysprosium, etc.) to actual weapons and battlefield systems today? Are they truly a bottleneck for missiles, drones, radars, night vision, comms, or is it more of an industrial/peacetime procurement issue?
Also curious how this plays out in a prolonged conflict: do stockpiles and substitutes make the “rare earth choke point” less dramatic than headlines suggest? Looking for concrete examples and a realistic take.