Wealthion - Be Financially Resilient

Mark Chalmers: How Energy Fuels Is Fighting China’s Rare Earths Dominance

Apr 28, 2025
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INSIGHT

China's Rare Earth Monopoly Origins

  • China gained rare earth dominance by prioritizing the sector with full government support and an integrated supply chain.
  • Western globalization and focus on cheap imports allowed China to capture and control the market.
INSIGHT

Magnets Drive Rare Earth Demand

  • Rare earth elements are crucial primarily because of their use in permanent magnets.
  • These magnets improve efficiency in EVs, wind turbines, and robotics by 10-20%, enhancing power and range.
ANECDOTE

Strategic Global Project Acquisitions

  • Energy Fuels secured world-class rare earth projects in Brazil, Australia, and Madagascar by scientific consultations.
  • This strategic acquisition surprised industry giants and positions them to compete at scales of top global producers.
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