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Story perspectives

China Dominates Rare Earth Market Amid Trade Tensions

11/26/2025

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Story summary
  • China holds 44 million metric tons of rare earth reserves, about half of the 92 million tons worldwide.
  • Brazil has 21 million tons, while the United States has 1.9 million.
  • The United States and allies seek to reduce dependence on China, which controls two-thirds of mining and 90% of processing.
  • Recent agreements between the United States and China aim to stabilize rare earth exports amid ongoing trade tensions.