Analysts: China still dominates rare‑earth mining and refining, hampering diversification

- Analysts warn that rare‑earth mining and refining remain heavily concentrated in China, complicating Western supply‑chain resilience plans. - Reported figures put China at roughly 69% of rare‑earth mining capacity and about 90% of refining capacity worldwide. - That processing concentration keeps strategic leverage with Chinese refiners and raises pressure for onshore processing investments. (x.com)