07-July-2025
Economy News
 
China has paid a high price for its dominance in rare earths
05-Jul-2025

Chinese mines and refineries produce most of the world's rare earth metals and practically all of a few crucial kinds of rare earths. This has given China's government near complete control over a critical choke point in global trade. But for decades in northern China, toxic sludge from rare earth processing has been dumped into a 4-square-mile artificial lake. In south-central China, rare earth mines have poisoned dozens of once-green valleys and left hillsides stripped to barren red clay.

News Source:- https://economictimes.indiatimes.com/news/international/world-news/china-has-paid-a-high-price-for-its-dominance-in-rare-earths/articleshow/122261542.cms