The $10 Billion Hunt for the Rocks That Power the World

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Rare earths are the backbone of modern technology, and China has cornered the global market for the commodity. The country produces and processes more than 80% of the world’s supply. As it uses that dominance as geopolitical leverage, can other countries break its grip? Read more on Bloomberg.com: Why Rare Earths Are China’s Trump Card in Trade War https://www.bloomberg.com/news/articles/2026-05-14/how-xi-is-using-rare-earths-against-trump-in-the-us-china-trade-war 00.00 Intro 01.30 Rare Earth Leverage 02.20 What are Rare Earths 03.00 China’s Dominance 03.46: Pollution and Power 04.41: China targets Japan 05.31: History 06.32 Lynas 08.03 Iran War 08.52 Meteoric Resources 09.43 MP Materials 10.10 Western Support 10.26 Long Term Investment #Trump #XI #rareearths #trade war #China #Tariffs -------- Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Get unlimited access to Bloomberg.com for just $1.99 your first month: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world. Visit our partner channel Bloomberg News for global news and insight in an instant.