In this hypothetical situation, lets say it's because the countries that the occur in want a cut of the proceeds, so they force the sale of these metals to be i

In this hypothetical situation, lets say it's because the countries that the occur in want a cut of the proceeds, so they force the sale of these metals to be in their country. And instead of rare earth metals, lets say it's iron? Something that is mineable almost anywhere, kind of like bitcoin. So you would have exchanges with these agreements, but you would also have exchanges without the agreements.