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What country produces 98% of the rare earths?

China dominates the rare earth element supply chain, from mining to processing to magnet production for large-scale industries such as EVs and renewable energy.

What are known as rare earths?

Rare earth elements (REEs) are a set of seventeen chemical elements. They include the fifteen lanthanides plus scandium and yttrium. Scandium and yttrium are rare earth elements since they are often found in the same ore deposits as the lanthanides and have similar chemical properties.

What are rare earths used for?

Rare earth elements (REEs) and rare metals are key ingredients for glass, lights, magnets, batteries, and catalytic converters, and used in everything from cell phones to cars. For example, to make the magnet for one wind turbine, you need about 300 kilograms of neodymium.

Does Canada have precious metals?

Canada is the global leader in the production of potash and ranks among the top five global producers for diamonds, gemstones, gold, indium, niobium, platinum group metals, titanium concentrate and uranium. Canada is also the worlds fourth-largest primary aluminum producer.

Which country has most rare earth?

ing to estimates, the total worldwide reserves of rare earths amount to approximately 110 million metric tons. Most of these reserves are located within China, estimated at some 44 million metric tons. After China, the major rare earth countries based on reserve volume are Vietnam, Russia, and Brazil.

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