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Global rare-earth-oxide production trends, 1956-2008 . China has officially cited resource depletion and environmental concerns as the reasons for a nationwide crackdown on its rare-earth mineral production sector. [58] However, non-environmental motives have also been imputed to China's rare-earth policy. [144]
List of countries by bauxite production: Bismuth [8] China Vietnam: List of countries by bismuth production: Copper [9] Chile Peru: List of countries by copper production: Chromium [10] South Africa Turkey: List of countries by chromium production: Gold [11] China Australia: List of countries by gold production: Iron ore [12] Australia China
The rare earth industry in China is a large industry. Rare earths are a group of elements on the periodic table with similar properties. Rare earth metals are used to manufacture technologies including electric vehicles (EVs), wind turbines, consumer electronics and other clean energy technologies. Rare earth elements are also important to national governments because they are used in the ...
The country controls nearly 80% of rare earths imports, according to data from the U.S. Geological Survey, while the U.S. claims just one rare earth mine and has no capability to process the minerals.
There are 17 rare earth metals, and their production is a complex multi-stage process. Exports may be in the form of ores or goods at any stage including mined rare earth ores (all containing a tiny mix of rare earths), refined ore concentrates, refined highly pure metals, or products incorporating refined metals (car li-on batteries, magnets or magnet incorporating windmill generators).
Four decades ago, a rare earth processing plant on France's Atlantic coast was one of the largest in the world, churning out materials used to make colour televisions, arc lights and camera lenses.
Rare earth elements are also important to national governments because they are used in the defense industry. [15] China has implemented export restrictions on certain rare earth elements and banned the export of rare earth processing technology. At present, China accounts for over 95 percent of the world's production of rare earths. [16]
America is upping its game in rare earth production, which calls for keeping a track on stocks like BHP Group (BHP), Materion (MTRN), Tronox (TROX), MP Materials (MP) & Freeport-McMoRan (FCX).