Chart of the Day: China’s Rare Earth Dominance

Caixin Global | Jun 25, 2019 at 7:45 PM
  • A visit by inspectors from the Ministry of Industry and Information Technology to production sites in East China’s Jiangxi province caused a spike, as did President Xi Jinping’s well-publicized to trip to companies in neighboring Jiangsu province on May 20.
  • A third spike occurred when state planner the National Development and Reform Commission held several meetings with industry experts to assess the “general upstream, midstream and downstream situation of rare earths and other strategic mineral resources”.
  • As the world’s top producer, China has rarely needed to import rare earths.