China’s rare earth reserves account for approximately 23 percent of the world’s total – but are being excessively exploited, the Chinese government has said.
Although 23 per cent is a high percentage for one nation to possess, China supplies over 90 percent of rare earth products on the global market.
We need the raw materials – chemicals such as yttrium, which is used in TVs, or lanthanum, used for camera lenses – [...]




