Why Rare Earths Are so important in Trump's trade war with #china #politics

Rare Earth Metals Market Concentration - 92% of the world's rare earth magnets come from China [1] - Rare earth metals are found in trace amounts in the earth's crust, a few parts per million [1] Supply Chain Dominance - China has built a complete and cost-effective supply chain for rare earth magnets, from mining to final product [2] - This makes it difficult for other countries to compete in the neodymium market [2] Key Metals - Neodymium is a key rare earth metal used in permanent magnets for wind turbines and electric car motors [1][2]