// Global Analysis Archive
According to the source, China controls around 70% of global rare earth ore extraction and roughly 90% of processing, and remains the only large-scale producer of heavy rare earth ores. Industrialised countries are pursuing diversification, substitution, recycling, and collaboration, but long lead times suggest China’s dominance will remain largely intact before 2030.
GlobalData estimates global rare earth mine production reached 350,000t REO equivalent in 2023, with China accounting for over 69% of mining and nearly 90% of processing. The US and Australia are expanding capacity, but midstream bottlenecks, cost competitiveness, and ESG/traceability concerns in some supply sources remain key constraints.
According to the source, China controls around 70% of global rare earth ore extraction and roughly 90% of processing, and remains the only large-scale producer of heavy rare earth ores. Industrialised countries are pursuing diversification, substitution, recycling, and collaboration, but long lead times suggest China’s dominance will remain largely intact before 2030.
GlobalData estimates global rare earth mine production reached 350,000t REO equivalent in 2023, with China accounting for over 69% of mining and nearly 90% of processing. The US and Australia are expanding capacity, but midstream bottlenecks, cost competitiveness, and ESG/traceability concerns in some supply sources remain key constraints.
| ID | Title | Category | Date | Views | |
|---|---|---|---|---|---|
| RPT-3620 | Rare Earth Chokepoints: Why China’s Processing Lead Is Likely to Hold Until 2030 | Rare Earth Elements | 2023-08-06 | 0 | ACCESS » |
| RPT-280 | Rare Earths in 2023: China’s Processing Grip Drives a New Diversification Race | Rare Earths | 2023-07-13 | 1 | ACCESS » |