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Opinion News

The Economic Times

Opinion / The Economic Times

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Breaking Chinas rare earth monopoly will define the next industrial era

China dominates the global supply of rare earths, essential for modern technology and climate transition. This dominance creates geopolitical risks for other nations. While rare earths are found globally, China refines most of the world's supply. Western countries, including Europe, are now looking to secure their own access to these vital minerals.

10 Apr 2026 11:34 pm