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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 ...
In December 2023, China banned the export of technology to make rare earth magnets, which came on top of a ban already in place on exporting technology to extract and separate the critical ...
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.
By 2010, China accounted for 97% of global rare earth supply. Over the years, Beijing has sought to use its leadership in the metals space as leverage in geopolitics.
China is reportedly moving toward banning rare earth metal exports to keep high-tech advantages within the country.
An overview of one of the regolith-hosted rare earth element deposits (a type of Rare Earth Element mine) in South China [1]. Regolith-hosted rare earth element deposits (also known as ion-adsorption deposits) are rare-earth element (REE) ores in decomposed rocks that are formed by intense weathering of REE-rich parental rocks (e.g. granite, tuff etc.) in subtropical areas. [2]
China extracts over 97% of all rare earths. These minerals are at the core of U.S. defense, industrial, and consumer goods technologies. They are used in everything from mobile commucations and ...
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]