🇺🇸 America is finally breaking its dependence on China’s rare earths — and the shift is speeding up. ⚡️
The US is now on pace to source around 94% of its rare earth demand from its own soil by 2030. That’s a massive leap from just 20% in 2024, showing how quickly America is pushing to secure its supply chain for critical minerals used in EV motors, defense tech, and advanced electronics. 📈🔋
Meanwhile, the rest of the world isn’t moving nearly as fast. By 2030, other countries combined are expected to meet only 38% of their rare earth needs domestically, up from 18% last year. 🌍
Still, China will remain the heavyweight in this space. Even with global diversification efforts, Beijing is projected to supply about 60% of the world’s rare earth elements for high-performance magnets by 2030. 🇨🇳🧲
However… there’s a catch. Western nations will continue depending heavily on China for heavy rare earth processing — roughly 91% through 2030, though that’s a slight improvement from 99% in 2024, according to Benchmark Mineral Intelligence. Heavy rare earths are harder to mine, tougher to refine, and essential for military-grade tech, so this bottleneck remains a major strategic vulnerability. 🛡️⚙️
To close that gap, the US and its allies are ramping up investments in refining facilities, recycling technologies, and new exploration projects. It’s a slow road, but the direction is clear: a more resilient, localized rare earth supply chain is finally taking shape. 🌱🏗️
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