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The Rare Earth Monopoly - China's Dominance and the World's Dependency
The Rare Earth Monopoly - China's Dominance and the World's Dependency
China processes 90% of the world's rare earth elements and controls 100% of high-temperature magnet production materials essential for fighter jets, electric vehicles, wind turbines, and smartphones. In this episode, we explore how China strategically built this monopoly through state consolidation and technological mastery, why Western nations struggle to compete, and what this means for green technology and national security. Drawing comparisons to historical monopolies like OPEC, we examin...