Story perspectives

Global Rare Earth Demand Soars Amid Supply Concerns

8/22/2025

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Summary

Story summary

Rare earth minerals are vital for technology and defense, with demand projected to quadruple by 2040.
China controls 90% of global production and refining of these minerals.
India plans to increase local production via its National Critical Mineral Mission.
Malaysia aims to attract investments for rare earth processing technology.
Recent licensing changes in China have raised supply concerns for global manufacturers, especially in the automotive sector.

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Story summary

Rare earth minerals are vital for technology and defense, with demand projected to quadruple by 2040.
China controls 90% of global production and refining of these minerals.
India plans to increase local production via its National Critical Mineral Mission.
Malaysia aims to attract investments for rare earth processing technology.
Recent licensing changes in China have raised supply concerns for global manufacturers, especially in the automotive sector.