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KmartQuality t1_iuk0hhe wrote

Reply to comment by kodos_der_henker in British and Austrian scientists have developed substances that have the opportunity to replace rare earths. In the future, the "artificial cosmic magnets" produced in the laboratory are expected to be used in wind power generation and electric vehicles. by future168life

I get that.

But why does china get so much more of it?

So many valuable, difficult to extract things are mined in many places. Have they just not looked everywhere yet because the demand is so new?

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Dr_SnM t1_iuk6r2y wrote

Geology.

Same reason the middle east has lots of oil and Australia has lots of Uranium.

Blind luck / winning the geological lottery

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El_Minadero t1_iuk1uya wrote

There’s something relatively unique about the deposits in china that makes them very economical to mine.

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