Entity: rare earth minerals
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rare earth minerals

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China has established a dominant global position in the production and supply of rare earth minerals and permanent magnets over recent decades.
high general
Describes the structural market position of China in rare earths and magnets relevant to global supply chains.
Rare earth minerals and permanent magnets are critical components used in electronics and other technologies worldwide.
high general
Explains the importance of these materials to global electronics supply chains and technological applications.