In US-China battle over rare earths, developing nations are the front line
Rare earths are needed for everything from consumer electronics to electric vehicles, wind turbines and fighter jets – and China controls the supply chain. In a four-part series, we look at the race for rare earths, starting with the contest for reserves in developing countries.
Former Chinese leader Deng Xiaoping once said that “the Middle East has oil, China has rare earths”. His words carry new weight today as China’s stranglehold over the rare earths supply chain gives it leverage in the...
