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China monopoly over rare earth minerals

China’s dominance in the supply and processing of critical minerals could prove threatening. Cobalt, graphite, lithium, nickel, the rare earths and more are called critical for good reason, Just as oil was weaponised by its suppliers in the 1970s. They are crucial to defence, smartphones and other digital technologies. A handful are essential to wind turbines, batteries and electric vehicles. A clean-energy future is inconceivable without them. China has a near monopoly on many of these minerals. It supplies nearly 90% of processed rare-earth elements. It is by far the biggest processor of lithium. Which country do you think can challenge china in the processing of critical minerals ?

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