en.Wedoany.com Reported - China remains the global leader in rare earth reserves, holding approximately 44 million tons of rare earth oxide (REO) equivalent. According to data from the USGS Mineral Commodity Summaries, this figure accounts for about 51.8% of the world's proven rare earth reserves, estimated at over 85 million tons of REO equivalent.

China's dominance is reflected not only in the scale of its reserves but also in its production, as the country contributes nearly 70% of the global rare earth oxide output, further solidifying its core position in the global rare earth supply chain. Brazil follows closely with 21 million tons of reserves, accounting for 24.7% of the global total. Together, China and Brazil hold over three-quarters of the world's known rare earth reserves. Australia ranks third with 6.3 million tons, representing 7.4% of the global share. Russia and Vietnam round out the top five with 3.8 million tons and 3.5 million tons, respectively. The United States holds 1.9 million tons of rare earth reserves, while Greenland has 1.5 million tons. Tanzania, South Africa, Canada, and Malaysia each have reserves of less than 1 million tons, but they remain important components of the global resource base.

The increasing use of rare earth elements in high-end manufacturing, renewable energy systems, defense applications, and electric vehicles has elevated their strategic importance. These 17 metals are essential materials for manufacturing permanent magnets used in wind turbines, electric motors, consumer electronics, and advanced military technologies. As countries seek to diversify supply chains to reduce reliance on a single source, governments and mining companies have accelerated the development of new projects and processing capacities outside of China. Australia, with its substantial reserves, established mining expertise, and growing downstream processing ambitions, has emerged as one of the leading regions in this diversification effort.

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