Group 1 - The establishment of the Indo-Pacific Rare Earth Alliance by the US, Japan, Australia, and India coincides with China's significant revision of its Mineral Resources Law, marking a potential shift in the global rare earth landscape [1][17] - The US currently produces less than 15% of the world's rare earths and relies on China for over 90% of its refining and separation processes, highlighting a significant technological dependency [4][33] - The new Chinese law emphasizes the security of mineral resources, categorizing rare earths as strategic minerals and implementing protective mining practices [19][21] Group 2 - The US's attempts to form alliances face challenges due to differing national interests, with Japan and India showing reluctance to fully comply with US demands [8][11][15] - China's response to external pressures includes a comprehensive legal framework and institutional reforms within its rare earth sector, aiming to strengthen its position in the global market [25][35] - The competition between the US and China in the rare earth sector is characterized by a race for technological and institutional advantages, with the outcome likely impacting various industries from renewable energy to military equipment [37][38]
四国联手成立稀土联盟,中国29年首修资源法,稀土争夺战要开打?
Sou Hu Cai Jing·2025-07-04 04:26