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Key Takeaways We are entering a prolonged period of structural commodity scarcity driven by AI, electrification, defense and reindustrialization all pulling on the same constrained materials at the same time.
Supply cannot respond quickly — most critical mineral projects take 10 to 17 years from discovery to production
The biggest business opportunities in this cycle are not in mining itself, but in the infrastructure, logistics, data, financing and processing layers around it
Founders who understand physical supply chains will have a meaningful edge over the next decade
For most of the last decade, you could build something valuable without ever thinking about the physical world.
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