Which country is the world’s top producer of ‘Rare earth material’?
China is the world’s top producer of rare earth material. Recently, the country has 3 state-owned rare earth mining companies to form a new entity named ‘China Rare Earths Group’. China has been strengthening its supply chain of rare earth materials. Rare earth is a combination of 17 minerals used as vital ingredients in the production of consumer electronics as well as military equipment