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IAE Says $60B Needed to Break China's Rare Earth Grip

The agency says demand will rise 50% by 2035, but current and planned projects outside China cover only part of future mining and refining needs.

Summary
The agency warns that China's dominance over rare earth supply chains puts $6.5 trillion in annual economic activity at risk globally.

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China's Rare Land Unit forces investment of $60 billion, according to the International Energy Agency (IEA), which warns of an increasing risk to the global economy. China's almost total dominance in this strategic chain threatens key sectors such as automobile, electronics, or energy. China's Rare Land Dependency forces investment of $60 billion The IEA warns of critical vulnerability in sectors such as automotive, energy, and technology Global…

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New Space Economy broke the news in on Saturday, April 4, 2026.
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