A global trend of nationalizing companies is emerging, driven by increasing geopolitical tensions and competition with China. Governments are seeking to regain control over businesses deemed critical to national sovereignty, particularly those involved in the supply of raw materials. These moves respond to concerns about reliable access to essential resources in an unstable world. The resurgence in nationalization reflects a broader shift towards greater state intervention in the economy. This is a departure from decades of privatization, signaling a new era of economic nationalism. Experts suggest this trend could reshape global trade and investment patterns, potentially impacting international relations. The focus is on securing strategic industries and reducing dependence on foreign powers.