The Radioactive Ore That Could Break China’s Grip on Rare Earths

Western powers are pursuing monazite ore to challenge China's dominance over rare-earth markets, where Chinese firms control roughly 90 percent of oxides and metals. This geostrategic struggle involves numerous mining companies and government agencies across North America, Australasia, and Europe. Rare earths are essential for manufacturing semiconductors, LEDs, lasers, displays, metal alloys, optical lenses, and petroleum catalysts. Most critically, these materials are vital for producing permanent magnets, making the diversification of supply chains a global priority.