China continues to dominate the global rare earth market, accounting for over 60% of worldwide production. This significant output stems from China’s extensive mining and processing capabilities across various regions. The nation’s dominance is driven by its established infrastructure and substantial reserves of these critical minerals used in a wide range of technologies, including smartphones, wind turbines, and electric vehicles. China maintains a strong strategic position regarding rare earth supply and trade, influencing global markets and international partnerships within this sector.
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