Story perspectives

Global Race to Secure Rare Earths Amid China’s Dominance

10/28/2025

Summary

Story summary

China controls nearly 70% of global rare-earth mining and 90% of processing, with export controls that raise concerns about potential supply shortages affecting electric vehicles and defense.
The United States has signed multiple agreements with Asian countries to diversify its rare-earth sources.
Experts warn that establishing new processing facilities will be costly and time-consuming.
The European Union is exploring strategies to reduce dependence on Chinese minerals, including potential trade measures.

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Story summary

China controls nearly 70% of global rare-earth mining and 90% of processing, with export controls that raise concerns about potential supply shortages affecting electric vehicles and defense.
The United States has signed multiple agreements with Asian countries to diversify its rare-earth sources.
Experts warn that establishing new processing facilities will be costly and time-consuming.
The European Union is exploring strategies to reduce dependence on Chinese minerals, including potential trade measures.