Story perspectives
China Boosts Rare Earth Production for Global Clean Energy
1/3/2025
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Story summary
- China is transforming its rare earth production to support global clean energy initiatives, prioritizing sustainability.
- In 2024, nonferrous metal output rose to 72.288 million tonnes, reflecting a 4.4% increase.
- Chinese firms invested nearly USD 16 billion in global mines, targeting copper, lithium, and cobalt for green technologies.
- China leads the global mineral market, providing crucial materials for batteries and solar panels.
