How a war-torn Myanmar plays a critical role in China’s rare earth dominance

China, which has triggered global shortages with its controls on rare earth exports, is itself reliant on rare earth supplies from the small, war-torn country of Myanmar.

Beijing has been stepping up controls on rare earth exports, triggering global shortages and exposing industries’ dependence on Chinese supply chains.

However, over recent years, China itself has become reliant on rare earth supplies from an unexpected source: the relatively small and war-torn economy of Myanmar.

While China is the world’s top producer of rare earths, it still imports raw materials containing the coveted metals from abroad.

Myanmar accounted for about 57% of China’s total rare earth imports last year, Gracelin Baskaran, director of the Critical Minerals Security Program at the Center for Strategic and International Studies, told CNBC.

According to Chinese Customs data, Myanmar’s rare earth exports to China significantly picked up in 2018 and reached a peak of nearly 42,000 metric tons by 2023.

https://www.nbcnews.com/world/asia/war-torn-myanmar-plays-critical-role-chinas-rare-earth-dominance-rcna214685


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