In charts: China’s rare earths monopoly 

the workshop of a Rare Earth production enterprise in jiangxi province, central China.
the workshop of a Rare Earth production enterprise in jiangxi province, central China.

China’s rare earths industry is unrivaled: the country is forecast to produce 99.9% of global processed dysprosium (Dy) and 80% of processed praseodymium-neodymium (PrNd) in 2023, according to Benchmark’s Rare Earths Forecast. The size of China’s global share and close government control over industrial output has also given the country immense influence over rare earths […]

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