Rare earth can be used in military manufacturing, metallurgical industry, petrochemical industry, glass ceramics, agriculture and so on. 98% of the total rare earth resources in China are distributed in Inner Mongolia, Jiangxi, Guangdong, Sichuan, Shandong and other regions.
The main rare earth mines in China are: Bayanobo rare earth mine, Shandong Weishan rare earth mine, Mianning rare earth mine, Jiangxi weathered crust residual rare earth mine, Hunan brown yttrium mine and coastal placer mine along the long coastline.
Extended data:
At the peak, China's rare earth reserves accounted for 7 1. 1% of the world, accounting for less than 23%.
The rare earth reserves in China decreased by 37% from 1996 to 2009, leaving only 27 million tons. China's medium and heavy rare earth reserves can only be maintained at 15 to 20 years, and it must be imported from abroad around 2040-2050 to meet domestic demand.
China is not the only country with rare earths in the world, but it has taken on the role of supplying rare earths to the world in the past decades, resulting in the destruction of its natural environment and the consumption of its own resources.
Japan began to search for rare earth resources that can replace China in the world. Tokyo plans to invest $654.38+0.2 billion to improve the supply of rare earths.