Despite their name, rare earth deposits are scattered liberally throughout the world. They are essential components in many industries including hi-tech, renewable energy, fefence, electronics, smartphones, and hybrid and electric vehicles....
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Despite their name, rare earth deposits are scattered liberally throughout the world. They are essential components in many industries including hi-tech, renewable energy, fefence, electronics, smartphones, and hybrid and electric vehicles. Although deposits are abundant worldwide, China was responsible fot 71 per cent of the world's production last year, while the US is a major importer.