As trade tensions rise between the U.S. and China, rare earth minerals are once again in the political spotlight. Today Chinese mines and processing facilities provide most of the world’s supply, and Chinese leader Xi Jinping has hinted about using this as political leverage in trade negotiations with U.S. President Donald Trump’s administration. But in the long run, many experts say the global market involving these materials would likely survive even if China completely stopped exporting them.
Source: Don’t Panic about Rare Earth Elements – Scientific American