China’s “70% Grip” On Rare Earth Material...

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2024-09-19 03:33:55 - Translate -

China’s “70% Grip” On Rare Earth Material Threatens Disruption Of Military Supplies, Undercuts Projects From U.S. To Japan

The US and its allies are grappling with significant challenges in their efforts to reduce dependency on China’s rare earths monopoly. Despite substantial investments and ambitious projects, China’s strong grip on this critical market remains a formidable obstacle. China currently controls approximately 70% of global rare earth output and more than 90% of refining capacity, giving...

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