After the volume of deposits, the main concentrates of minerals containing rare earth elements are found in China. Rare earth elements industry began to be developed in China in 1950. The Chinese production gradually started in 1985. Exporting at very low prices, the Chinese eliminate any Western competition: their monopoly installed bit by bit. China is in the middle of a delicate transition, with a new generation of leaders, approaching to power, something that happens only once at 10 years.
Dobrescu, Emilian M. (2023), Chinese Hegemony in Production of Rare Earths, Intelligence Info, 2:3, 61-68, https://www.intelligenceinfo.org/chinese-hegemony-in-the-production-of-rare-earths/ Abstract Until 1948, most of the rare earth elements (REE) were sourced from sand deposits in India and Brazil. Through the 1950s, South Africa took the status as the worlds’ rare earth elements source. Through the last decade of the 21st century and the first decade of this century, the demand of REE has constantly increased whereas the prices remained low due to … Citeşte mai mult