(Kitco News) – Geopolitical uncertainty remains at extreme levels, driving demand for safe-haven assets. However, a panel of economists and market analysts is not yet ready to give up on globalization, as they argue that the critical metals sector could introduce some stability into the global economy.
At the 2025 International Economic Forum of the Americas in Montreal, Quebec, Philippe Bourbeau, Co-Director of the International Institute of Economic Diplomacy and Professor at HEC Montréal, said that developing a reliable supply of critical metals may be the most important issue the world will face in the coming years.
While economic uncertainty—stemming from President Donald Trump’s global tariffs and the ongoing trade war—is impacting global growth and the development of a critical metals supply chain, the panel largely agreed that demand remains a long-term driver that will transcend short-term noise and volatility.
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