The world’s rare earth reserves, laid out in this graph showing the brutal dominance of a single country
The rare earths They are neither earth nor are they rare. It is a set of 17 chemical elements that have become the lever that moves both geopolitics like practically any technology and energy sector today. As important as knowing how to produce it is knowing where the reserves are, and in both things there is a name that dominates the international scene: China. And in this graph we can see which countries have the upper hand. Or “the country”, rather. China, prominent name. Prepared by Visual Capitalist from the data of the United States Geological Survey -USGS-, the graph is very clear when it comes to visualizing the estimated rare earth reserves. China has more than twice as much as the next on the list, which in turn has three times as much as the third. The Asian giant would have reserves of 44 million metric tons, Brazil with 21 million and India with 6.9 million. Far on the list are countries like Australia (5.7 million), Russia (3.8 million), Vietnam (3.5 million), the United States (1.9 million) and Greenland (1.5 million) if we take into account those that exceed one million. The crazy thing is that the world total is estimated at about 92 million metric tons, so China has approximately 50% of the reserves. Importance. Rare earth elements are present in practically anything we can imagine. From the most subtle things such as smartphone elements or the magnets in the headphones that we use every day to the most complex things such as space telescopes, aerospace technology or guidance systems for military radars and advanced weaponry. They are also crucial to manufacturing the elements of energy change: batteries both of electric cars as accumulators for renewable energy and the internal systems themselves of both solar panels like wind turbines. And there’s something important here: you can have reservations, but if you don’t process them, those reservations are worthless. Rare earths as a weapon. The problem is that these rare earth elements do not appear isolated in nature, but rather attached to other minerals. It is necessary to separate them, something that is done through an extremely expensive and, above all, polluting refining process. Due to Western environmental policies, for years we relegate that task to a China with a more lax regulation (although it has been changing recently), and with the tariffs imposed by Donald Trump To the Asian country we have seen how China has taken advantage of his position. Same as with Soy. They have the technology and knowledge for processing rare earths, and they have been responding to the new tariffs, cutting off the supply of metals and elements that the west needs to create weapons or to make that technological paradigm shift through renewables. The West, for years, financed its own strategic and technological vulnerability. Even the western mines, such as Mountain Pass in the United Statessent his material to China to refine it there. Examples of affected productions? Suzuki had to stop production of the Swift due to a shortage of components, the European automobile industry has also shouted to the sky and Elon Musk does not have the money to manufacture his robots. making friends. As China has turned rare earths into its most powerful lever of power, the West has had to move and different countries have undertaken missions to search for new rare earth deposits. It is a strategy that is bearing fruit, finding promising deposits in Spain, Norway, Greenland either Japan. It is also being studied how to restart the rare earth producing arm in the West, although the difficulties are there both due to the technique and, above all, due to the restrictions on emissions. Searching under the stones. And that is a big problem that In Spain we are experiencing first-hand. There are several deposits found in our country, but due to this problematic and polluting extraction, mining projects have encountered opposition from neighborhood platforms and city councils. An example is Torrenueva, in an important site found in Campo de Montiel. And that is why there are several projects and research underway that are not favoring the refining of rare earths, but the recycling of these elements to, as far as possible, stop depending so much on a country that has a monopoly both for reserves and production capacity and for contracts with the most powerful mines on the other side of the world. For example, that of Serra Verde that sells exclusively to China until 2027. In Xataka | Sweden believes it has the largest reserve of rare earths in Europe: one more step towards our independence from China
