Global rare earths mine production is estimated to have increased by a modest 2.6% in 2025 to 390kt rare-earth-oxide (REO) equivalent. Growth was driven by the stable global supply chain and the continued dominance of China.
China holds a dominant position in the global rare earths market with 270Kt of REO equivalent, accounting 69.2% of global output in 2025, in line with the production quota. This dominance is even more pronounced in the processing sector, where China processes up to 90% of the world's rare earth elements. The US and Australia are the world’s second- and third-largest producers, accounting for 13.1% and 7.4% of global production in 2025, respectively.
Heavy global reliance on China for rare earth processing has exposed supply risks, pushing emerging economies to rapidly invest in mining, refining and magnet manufacturing. Governments are now fast-tracking funding and partnerships to build local capacity and secure materials for manufacturing of EVs, defense and clean energy.
Report Scope
- The report contains an overview of the global rare earths mining industry including key demand driving factors affecting the global rare earths mining industry. It provides detailed information on reserves, reserves by country, production, major operating mines, major exploration, and development projects.
Reasons to Buy
- To gain an understanding of the Global rare earths mining industry, relevant driving factors
- To understand historical and forecast trend on Global rare earths production
- To identify key players in the Global rare earths mining industry
- To identify major active, exploration and development projects in the Global rare earths mining industry
Table of Contents
- Executive summary
- Reserves
- Rare earths production
- Key companies and projects
- Rare earths prices
- Demand drivers and trade
- Rare earth policies
- Appendix
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Baosteel
- Lynas Rare Earths
- MP Materials
- Pensana Rare earths
- Lindian Resources Ltd
- Wyloo Metals

