China’s rare earth power play
Rare earth elements (REEs) are back in the news.
China, the world’s largest supplier of rare earths, plans to combine three domestic vendors to create a large state-owned company with a nearly 70% share of the REE market, according to reports from Nikkei and others.
In 2020, China in total accounted for 85% of global production of refined REEs, accordi...
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