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China restricts rare earth elements in escalatory spiral
The Business Guardian
|October 15, 2025
China has suddenly moved to control global access to rare earth elements - REEs for short - that are vital for semiconductor and microchip production.
Beijing can do so because it dominates the rare earths market. In fact, China produced 240,000 tons in 2023, equating to 68.6% of global REEs.
Such ascendancy exposes the vulnerability of the USA, which considers China its top strategic rival. Even more, China accounts for 90% of all REE processing, a figure that rises to 99% for heavy rare earth processing. According to the US Geological Survey, 40% of rare earth reserves are found in China.
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