Chart of the week: China’s trade war trump card

China is by far the dominant supplier of rare earth metals - a group of 17 elements used in applications ranging from military and industrial lasers to energy-saving light fittings – accounting for 71% of the entire global supply.

By MoneyWeek

published 3 June 2019

in Features

Rare earth metals are not as scarce as the name might suggest. However, China is by far the dominant supplier to the US, accounting for about 80% of American imports (and 71% of the entire global supply of mined rare earth minerals). The metals a group of 17 elements such as neodymium and yttrium are used in applications ranging from military and industrial lasers to energy-saving light fittings.

Viewpoint

Jim Armitage, Evening Standard

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