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International Business Times UK
International Business Times UK
World
Rohit David

What Are China Rare Earth Minerals? What Are They Used For And Do The Chinese Have Monopoly?

Rare earth minerals fuel EVs, jets, and MRIs—but China controls 69% of production and 90% of refining. (Credit: Gerd Altmann : Pixabay)

Rare earth minerals, a group of 17 metallic elements, are the unsung heroes behind many modern technologies, from smartphones to fighter jets. China's grip on their production has sparked global concern, raising questions about supply chains and geopolitical leverage.

On 29 January 2025, Polytechnique Insights highlighted China's dominance, noting its 69% share of global rare earth production in the 2023 Polytechnique Insights. Let's unpack what these minerals are, their uses, and whether China's control is as ironclad as it seems.

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