[Post 1215] Can US And Greenland Loosen China’s Dominance Of Rare Earths? | CNA Correspondent

Summary

In the race for rare earths, China holds a near-unbreakable grip. It produces the bulk of the world’s output, controls most global refining and processing capacity, and makes nearly all of the most important rare-earth magnets used in EVs, wind turbines, smartphones and military systems. Other countries are trying to break free and take control of their supply chains — pouring money into domestic capabilities, cutting fresh deals with allies, and even recycling mining and electronic waste. The payoff, however, could take decades to materialise.