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April 3, 2024


Clean energy transition to fuel growth for China’s rare earths sector in 2022

The world’s reliance on China for rare earth elements has been gradually easing, but the country is expected to continue increasing production, exports and pricing for the commodity group through 2022, driven by increasing global demand for clean energy.

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Rare earth elements: Global battle under way for precious minerals

It’s expected to become one of the issues at stake in the ongoing trade war between the US and China. Rare earth elements are crucial to manufacturing phones, computers and wind turbines. China currently controls 90 percent of their production, but the US is also determined to extract these precious minerals and has just reopened a rare earth elements mine in California.

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