Liberal Forum

China owns 92% of the share of this market.

WSJ
https://www.wsj.com › business › china-rare-earth-mag...
The American war machine depends on tiny bits of metal, some as small as dimes.
Rare-earth magnets are needed for F-35 jet fighters, missile-guidance systems,
Predator drones and nuclear submarines. The problem:
China makes most of the world's rare-earth magnets, with 92% of the global market share

This YT channel is very informative.  American engineer living in China.

https://youtu.be/SbKUJOhPbV8