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Chinese Monopoly in Rare Earth Elements: Supply–Demand and Industrial Applications

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  • Nabeel A. Mancheri

Abstract

The concentration of rare earth elements (REEs) production in China raises the vital issue of supply susceptibility. Until recently, the global dependency on China for rare earths was a well-kept secret. But word started to spread fast after Beijing cut export quotas by 70 per cent for the second half of 2010, sending prices of some oxides—the purified form of rare earth elements sky-rocketing. This article seeks to evaluate what rare earth elements are and explores China’s role in the global supply-demand equations. It also explores the history of rare earth elements and China’s current monopoly over the industry, including possible repercussions if rare earth elements supply were to be disrupted.

Suggested Citation

  • Nabeel A. Mancheri, 2012. "Chinese Monopoly in Rare Earth Elements: Supply–Demand and Industrial Applications," China Report, , vol. 48(4), pages 449-468, November.
    • Handle: RePEc:sae:chnrpt:v:48:y:2012:i:4:p:449-468
    DOI: 10.1177/0009445512466621
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    References listed on IDEAS

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    1. Jane Korinek & Jeonghoi Kim, 2010. "Export Restrictions on Strategic Raw Materials and Their Impact on Trade," OECD Trade Policy Papers 95, OECD Publishing.
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    Cited by:

    1. Fernandez, Viviana, 2017. "Rare-earth elements market: A historical and financial perspective," Resources Policy, Elsevier, vol. 53(C), pages 26-45.
    2. Hou, Wenyu & Liu, Huifang & Wang, Hui & Wu, Fengyang, 2018. "Structure and patterns of the international rare earths trade: A complex network analysis," Resources Policy, Elsevier, vol. 55(C), pages 133-142.
    3. Zhü, kèyù & Zhao, Shuang-yao & Yang, Shanlin & Liang, Changyong & Gu, Dongxiao, 2016. "Where is the way for rare earth industry of China: An analysis via ANP-SWOT approach," Resources Policy, Elsevier, vol. 49(C), pages 349-357.
    4. Yonghan Ju & So Young Sohn, 2015. "Identifying patterns in rare earth element patents based on text and data mining," Scientometrics, Springer;Akadémiai Kiadó, vol. 102(1), pages 389-410, January.

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