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China is the worldâs largest producer of rare earth metals, dominating 80% of global supply for the materials that are essential to much of todayâs high-end tech. Magnets spun from rare earth are needed to create the engines that power electric vehicles, the motors inside wind turbines and guiding systems inside missiles.
Rare earths are so vital that in 2019, after Beijing threatened to limit global supply, the U.S. launched a slew of legislative action to bolster domestic supply.
A...
>>> Read more: China has a stranglehold on the worldâs supply of critical rare earths. These firms are trying to loosen its grip
Rare earths are so vital that in 2019, after Beijing threatened to limit global supply, the U.S. launched a slew of legislative action to bolster domestic supply.
A...
>>> Read more: China has a stranglehold on the worldâs supply of critical rare earths. These firms are trying to loosen its grip
