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Data Starter: China’s monopoly in rare earths

Elizabeth Veal

9th May 2025

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What is happening to China’s monopoly in rare earth minerals?

Using this Visual Capitalist chart, answer the following questions:

  1. Calculate the percentage change in China’s production of rare earths in tonnes between 1994-2024.
  2. How has China’s share of global rare earth production changed between 2010 and 2024?

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Elizabeth Veal

Liz has taught Economics for over 25 years, including several years as Head of Economics at leading schools.

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