Fears rise China could weaponise rare earths in US tech war

May 28, 2019

China occupies a commanding position, producing more than 95 percent of the world's rare earths, and the United States relies on China for upwards of 80 percent of its imports. Rare earths are 17 elements critical to manufacturing everything from smartphones and televisions to cameras and lightbulbs. That gives Beijing tremendous leverage in what is shaping up largely as a battle between the US and China over who will own the future of high-tech.