Nature is full of mysterious wealth, for example those in these countries and who wants to obtain Trump. Because of this there is a constant silent war to obtain them, especially that of rare earths and we will show you that win.
What are rare earths?
Rare earths are a group of comparable chemical elements with each other and that are not found in the purest state, but are usually combined in oxides or silicates. Unfortunately, the only way is to obtain these materials through complex and expensive processes.
Despite how difficult it is to get them, these materials are the key to creating modern technologies, such as wind turbines, electric cars and electronic devices that have aroused interest in recent years.
The beginning of a war for rare earths
Moreover, they have currently been the object of interest worldwide, because of the controversial commercial war between China and the United States, because the latter wants to reduce their dependence on Chinese import, but for this it is necessary to acquire resources in other countries.
This situation leads to questions where the rare earths are? To answer this question, we present the ranking of the eight countries that have the greatest concerns of these elements, according to the latest report of the Geological Service of the United States:
Position N ° 8: Greenland
Greenland has 1.5 million tons in reserves, in fact this could be one of Donald Trump’s strong interest. On this island there are very important projects such as Tanbreez Mining and Kvanefjeld, who can have a significant impact on the global supply chain.
Position No. 7: United States
This country has 1.8 million tons of tons in reserves. Earlier it was the second largest producer in 2023, but apparently he is now losing the race. Currently, to reduce its dependence on imports, the government promotes the development of its rare earth sector.
Position n ° 6: Australia
Australia is 5.7 million tonnes underground in reserves and positioned itself as the fourth largest producer in 2023 and produces 18,000 tons. He currently wants to lead as a supplier on the international market, especially in Australia Sur and everything indicates that its production will continue to increase.
Position No. 5: India
The rare earth reserves are huge: 6.9 million tonnes! In 2023 the production remained stable in 2,900 tons, the same level as in the previous year. In the case of India, however, production is limited by environmental and regulatory regulations. Nevertheless, the government is working on roads that help this industry grow and be stronger.
Position No. 4: Russia
This country has 10 million tons in reserves, in 2023 it exceeded the production of Brazil and Vietnam by reaching 2,600 tons.
Position No. 3: Brazil
In the top 3 we find Brazil with 21 million tons. However, its production in 2023 was quite low to only reach the 80 tons of tons.
Position No. 2: Vietnam
The second place is taken by Vietnam with reserves estimated at 22 million tons, which are close to China and on the coast of the East.
On the other hand, this country tries to position itself as a leader in rare earthy industry and attract countries who want to diversify their supply sources.
Position No. 1: China
The first place is undoubtedly for China that has the largest rare earth reserves worldwide and is estimated at 44 million tons.
Since the 1970s, China has opted for important investments in the extraction and processing of these elements, and positions itself as a leader in mining and technological innovations.
Moreover, in 2023 he led worldwide production with 240,000 tons.
Innovation is always worth it
As you can see, China wipes war for rare earths. This might not be surprised because this country has struggled strongly for investments and innovation.
On the contrary, Spain does not seem to be a strong rival in this struggle, perhaps because of the limited innovation in production, so it undoubtedly has major challenges to tackle, especially in innovation and research.
In conclusion, China is positioned as a leader in rare nature production, which shows that innovation and development are the key to winning this war. Moreover, this country continues to be amazed with innovations for which they would even be willing to fly the moon.