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China’s Rare-Earth Dominance May Begin To Slip

Photo by PROJETO CAFÉ GATO-MOURISCO / Unsplash

China currently dominates the rare-earth supply chain, controlling a large share of global production. However, expanding output from North America and Australia could reduce China’s market share to about 69% by 2030, gradually diversifying supply for key materials used in electronics, electric vehicles, and defense technologies.

Source: Bloomberg Intelligence; USGS | Via: @mining on X

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