08-04-2025, 11:22 AM
China does not control 90% of global rare earth exports, but it does dominate the industry in other ways:
China produces about 60-70% of the world's rare earth minerals, down from 90% in 2008.
However, it processes nearly 90% of the world's rare earths, giving it significant control over the supply chain.
This dominance extends to refined products like rare earth metals and alloys, where China accounts for approximately 90% of global production.
Thus, China's influence lies primarily in its processing capabilities rather than raw material extraction.
China produces about 60-70% of the world's rare earth minerals, down from 90% in 2008.
However, it processes nearly 90% of the world's rare earths, giving it significant control over the supply chain.
This dominance extends to refined products like rare earth metals and alloys, where China accounts for approximately 90% of global production.
Thus, China's influence lies primarily in its processing capabilities rather than raw material extraction.