China discovers 9.7 million tonnes of rare earths in massive deposit

In addition to the minerals so necessary in the technology industry, the deposit found has a large amount of fluorite and barite, also in high demand. China may have taken a definitive step forward in consolidating its leadership in the global technology industry thanks to the discovery of a major deposit of what are known as rare earths. It is a set of metallic chemical elements that are used in many modern technologies whose rarity comes from the difficulty of finding them in exploitable concentrations. The Asian country was already at the forefront in the extraction of this type of mineral and had responded to the United States and its tariff policy with measures that toughened the export of these materials. Now, Beijing’s hegemony aims to be prolonged despite the attempts of the United States, Brazil and India to cut ground and with it the technological landscape can be decided. Rare earths are one of the great challenges facing the technology industry. The sector is constantly evolving, with advances focused on areas such as electronics, electric vehicles, renewable energies and military technology. All of these areas depend on an increasingly scarce common factor: rare earths.

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