The Challengers To China’s Rare Earth Monopoly

Dominance is not a word that the Pentagon and the White House like to hear when it’s not preceded by “U.S.” Right now, amid a trade war with Beijing, it is a word that officials want to hear even less when it’s preceded by “Chinese”. Yet in one strategic area, there is a true Chinese dominance that has many people worried. Rare earths are a group of 17 chemical elements crucial for a variety of products, from magnets to batteries, including EV batteries—a nascent battlefield for various battery technologies.…