How China Built Its Magnet Empire — and the Lessons for Africa and the West
From Obscurity to Dominance China’s dominance over the global rare earth industry — and specifically over neodymium and dysprosium permanent magnets — is not an accident. It is the result of decades of deliberate industrial strategy, state-backed investment, and patient technological accumulation. Today, China refines over 85% of the world’s rare earths and...
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