BRICS Dominates Rare Earth Minerals, Supply Increases by 12.6%
Rare earth materials are now a critical mineral for industries, and demand in the US remains high. According to the latest report from the International Energy Agency, BRICS member China controls 61% of the mined rare earth minerals. The Communist country also controls 92% of the global supply output in the processing stage. The Xi Jinping administration can make or break trade deals by leveraging the minerals sector to its advantage. The General Administration of Customs of China reported that the BRICS nations’ rare earth minerals supply has risen by 12.6% between January and September 2025. It has risen by over 48,350 tonnes year-on-year in the first nine months of the year. However, BRICS member China is cracking the whip on supplies of the rare earth materials. The Xi Jinping administration is very selective about the supplies and is exporting to countries that cower to its policies. In value terms, supplies fell by 7.8% to $342.3 million, according to the recent figures rele...