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2024-07-03 11:24:23

Danny on Nostr: 📊 China holds 38% of REE reserves but controls over 60% of global production. The ...

📊 China holds 38% of REE reserves but controls over 60% of global production. The US is the second-largest producer with 15.5%, followed by Myanmar at 9%. China also leads in processing REEs. #REEs #China #US #Myanmar

🌍 About 38% of the world's Rare Earth Elements (REEs) are in China. Another 19% are in Vietnam, and slightly less (18%) in Brazil. Thus, 3/4 of global REE reserves are located in just three countries. China plays a crucial role here. #RareEarthElements #China #Vietnam #Brazil
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