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China has launched a groundbreaking technology that is poised to revolutionize the production of rare earth elements (REE), significantly improving recovery rates while reducing environmental impact. As reported by the South China Morning Post, a study from the Chinese Academy of Sciences reveals that this new method utilizes electric fields, achieving a remarkable recovery rate of 95 percent for these vital minerals, which are crucial in manufacturing electronics, vehicles, and military equipment.
The innovative technique also cuts mining time by 70 percent and electricity use by 60 percent. Additionally, it has resulted in a 95 percent reduction in ammonia emissions compared to traditional mining methods, thereby addressing some of the severe environmental concerns associated with REE extraction.
China currently dominates the global rare earth production landscape, accounting for approximately 70 percent of total output and 90 percent of processing. This new technology not only enhances the efficiency of extraction but also helps mitigate international criticism of China's environmental practices in the mining sector.
Experts suggest that this advancement could set a new industry standard, particularly in light of potential trade tensions, as former President Donald Trump is expected to resume strict trade policies towards China. The innovation positions China favorably in the rare earth market, which is becoming increasingly critical as global demand rises.