The Drone Revolution's Dependence on Chinese Rare Earth Processing - OilPrice.com Market Commentary
View original at finance.yahoo.comThe Drone Revolution's Dependence on Chinese Rare Earth Processing - OilPrice.com Market Commentary NEW YORK, March 11, 2026 /PRNewswire/ -- Ukraine produced 1.2 million drones in 2024 alone…
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Virtually every magnet in Ukrainian drones used in 2024 was manufactured in China
60% confidenceChina controls approximately 90-95% of global rare earth processing
60% confidenceUnited States currently maintains zero strategic stockpile of processed rare earths
60% confidenceEurope's stockpile of processed rare earths is also zero
60% confidenceNo other company in North America has what REalloys has built: a proven, commercial-scale heavy rare earth supply chain
60% confidenceCompanies that get qualified into defense programs now might own these supply chains for decades
60% confidenceAmerica doesn't have a rare earth problem; it has a processing problem
60% confidence1% reliance on China is 100% reliance on China
60% confidenceThere's nothing rare about rare earths except the processing and separating
60% confidence