Newmont paid Barrick $1.95 billion on Monday, ending a years-long standoff over shared Nevada gold ground.

The deal clears the way for Barrick to spin off its North American mines into a company worth more than $60 billion, and one lesser-known producer could be positioned to benefit from what comes next.

In 2010, a rare earth metal called dysprosium surged 2,512 percent in two and a half years after China cut exports while demand from wind turbines and electric vehicles stayed high.

Economists call this a commodity crunch: new infrastructure forces demand higher while supply cannot keep pace. It happened with oil in the 1970s, uranium in the 2000s, and rare earths in 2010.

A new law requires the $382 trillion financial system to migrate to new digital infrastructure by April 2027, and firms like BlackRock, JPMorgan, and Fidelity are already positioning around it.