Yangon, Jan 2 (IANS) China is using its supply chains and dominant control over rare earth elements (REEs) and other critical minerals as a lever to gain asymmetric leverage over global industrial networks, according to an article in Mekong News. These 17 metals and their compounds are essential for manufacturing electric vehicle motors, microchips, precision-guided munitions and renewable energy projects.Chinese firms control over 90 per cent of the world’s rare earth processing capacity, whi…
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