Biden Wants to Boost Metal and Mineral Production

The video discusses the US's reliance on imported critical minerals for EV batteries and the potential use of the Defense Procurement Act to boost domestic production. It highlights the economic stakes, parallels with the semiconductor industry, and environmental challenges. Tesla's role and global market influences, including China's and Russia's impact, are also explored.

How does the situation with critical minerals relate to the semiconductor industry according to the text?

What challenges are associated with the extraction of critical minerals as mentioned in the text?