RARE EARTHS AREN’T RARE—CHINA OWNS THE REFINING, NOT THE MINES
Elon’s right: rare earth minerals are found all over the world—including in the U.S.—but China controls over 85% of global refining. That’s the chokehold.
The problem isn’t digging the stuff up. It’s turning it into
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RARE EARTHS AREN’T RARE—CHINA OWNS THE REFINING, NOT THE MINES
Elon’s right: rare earth minerals are found all over the world—including in the U.S.—but China controls over 85% of global refining. That’s the chokehold.
The problem isn’t digging the stuff up. It’s turning it into magnets for EVs, missiles, and wind turbines. Even U.S.-mined material often gets sent to China for processing.
Until America rebuilds its heavy industry, it will stay dependent. The minerals are here—but the power is still there.
Source: USGS, IEA
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