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The first stage, the mining process yields rare earth ores. More than 60% of rare earth metals (as of 2019) are mined by China and through controlled entities predominantly in Africa. [2] The second stage is the refining process where ores are separated into some pure metals and some concentrates of light rare earths or heavy rare earth metals.
The rare earth industry in China is a large industry. Rare earths are a group of elements on the periodic table with similar properties. Rare earth metals are used to manufacture technologies including electric vehicles (EVs), wind turbines, consumer electronics and other clean energy technologies. Rare earth elements are also important to national governments because they are used in the ...
Kachin State in Myanmar is the world's largest source of rare earths. [67] In 2021, China imported US$200 million of rare earths from Myanmar in December 2021, exceeding 20,000 metric tons. [68] Rare earths were discovered near Pang War in Chipwi Township along the China–Myanmar border in the late 2010s. [69]
Because Japan and China are the only current sources for rare-earth magnetic material used in the US, a permanent disruption of Chinese rare-earth supply to Japan would leave China as the sole source. Jeff Green, a rare-earth lobbyist, said, "We are going to be 100 percent reliant on the Chinese to make the components for the defense supply chain."
Rare Earths Norway’s discovery comes at a time when Europe and the U.S. have had tense trade relations with China. Many of those tensions are wrapped up in national-security issues as well.
Over the weekend, China began its plan to consolidate all production from its rare earths industry into the hands of a single, government-controlled operation, Inner Mongolia Baotou Steel Rare ...
In 2008, China Northern Rare Earth merged with Baotou Steel Rare Earth, and by 2009 the company's market share reached 90%. In 2010, the company's performance rose dramatically, increasing by a factor of 12.46. [6] In 2014, Baotou Steel Rare Earth established China Northern Rare Earth Group, one of the largest rare earth corporations in China. [7]
Rare earths are a group of 17 metals used to make magnets that turn power into motion for electric vehicles, cell phones, missile systems and other electronics. There are no known substitutes.
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