Rare Earth Special: China’s rare earth revolution
Published: Wednesday, 24 October 2012
As China continues to defy international pressure to ease its rare earths supply restrictions, IM considers how the country’s policy initiatives are changing the face of its internal industry.
China is generally accepted to account for around 95% of the
worlds total rare earth supplies. Although it claims to
have no more than 23% of total global reserves of the minerals,
2011 estimates from the US Geological Survey (USGS) suggested
that the figure is nearer 50%. ...