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Why China Dominates as the World’s Rare Earth Powerhouse - And Why It Matters

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China commands a staggering 85% of the globe's refined rare earth production, having mined more than five times as much as the US in 2025.
The figures provide a snapshot of the global rare earth market ahead of Xi Jinping’s upcoming visit to the US.
Given that all the other countries on Earth combined only have 10% of production, China has a massive leverage in high-tech development at its disposal.
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