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Gain clarity amid disruptions in the critical minerals market and supply chain with expert insights and robust solutions.
Snapshot
China continues to leverage its dominance in rare earths as a geopolitical tool, using export restrictions and licensing controls to signal its capacity to disrupt global supply chains. These measures serve as a warning and negotiation tactic in tensions with the US, EU and other nations, reinforcing China’s influence over technologies vital to electric vehicles, defense and clean energy.
The rare earth sector is now at a turning point, marked by intensifying strategic competition. China’s recent export controls have exposed global supply vulnerabilities, prompting urgent efforts by the US and allies to localize and diversify supply through innovative measures.
Gain a comprehensive overview of rare earths development with S&P Global Critical Minerals Briefing.
According to the IEA, EV sales are expected to surpass 40% of total car sales by 2030, with China leading at around 80%.
China accounts for 63% of the global rare earth elements (REE) mining capacity and 92% of the global refining capacity.
The US, Canada and Europe are expected to significantly increase their share of global lithium supply from only 2.5% in 2025 to a projected 19% of global supply by 2035.
Nickel and lithium mines take 18.6 years and 16.7 years respectively from discovery to production.
Discover how we can help you gain clarity from critical minerals disruption with market and supply chain intelligence on critical minerals.