Published: May 29, 2025, 11:02 IST | Updated: May 29, 2025, 11:02 IST
The west is intensifying efforts to reduce its reliance on china for rare earth elements, vital components in electric vehicles, military equipment, and high-tech industries. Despite advancements in recycling and alternative sourcing, china remains the dominant player, controlling 69% of global rare earth mining and over 90% of refined production for critical elements.