this post was submitted on 07 Nov 2022
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cross-posted from: https://exploding-heads.com/post/58229

It’s true that most of the world’s rare earth processing takes place in China. However, many raw rare earth materials are actually extracted from other parts of the globe. Common sources include Myanmar (Burma), the US, Canada, and Australia. And with demand for rare earth magnets expected to double by 2030, tapping into these supplies has become more important than ever.

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