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Explainer: U.S. dependence on China's rare earth - Trade war vulnerability
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Explainer: U.S. dependence on China's rare earth - Trade war vulnerability
Rising tensions between the United States and China have sparked concerns that Beijing could use its dominant position as a supplier of rare earths for leverage in the trade war between the two global economic powers. China supplied 80% of the rare earths imported by the United States from 2014 to 2017. China is home to at least 85% of the world's capacity to process rare earth ores into material manufacturers can use, according to research firm Adamas Intelligence.
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