REE

REE stands for Rare Earth Elements, which are a group of 17 metallic elements that are essential to the manufacturing of many high-tech products. These elements are used in a variety of applications including electronics, magnets, batteries, and catalysts. Despite their name, they are not actually rare, but are found in low concentrations and are difficult to extract from the earth.

​

China is the largest producer of REEs, accounting for over 80% of the global supply. This dominance has raised concerns about supply chain security and the potential for geopolitical tensions. As demand for high-tech products continues to grow, there is a need for diversification of REE sources and development of new extraction technologies to ensure a stable supply.