FOCUS: Rare earths and China’s economic miracle

By Mark Watts
Published: Thursday, 03 March 2011

USGS report highlights how rise in China’s high-tech industry helped fuel supply crisis

It is a well-worn statistic that China controls over 95% of the global rare earths market, and perhaps as much as 97%.

China’s modern rare earths industry started its rise in the 1980s and by the end of the 1990s had all but eclipsed overseas competition, exporting its material at...

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