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How China Quietly Built a 30-Year Rare Earth Monopoly Over America and the West | FP Explains
China produces over 90% of the world’s processed rare earths, the minerals powering EVs, fighter jets, wind turbines and AI technology. But this story is bigger than mining. It’s about universities, research labs, state-backed refineries and a supply chain the West struggles to replicate. From Inner Mongolia’s Bayan Obo mine to ...
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