
René Muschter
Research Expert covering Industry & Mobility
Rare earths include a list of 17 chemical elements that, over the past decades, have become increasingly sought-after due to their use in many advanced technologies. The end uses of rare earths include the production of magnets, batteries, catalysts, displays, and more. Many industries are highly dependent on rare earths as a result of their irreplaceable properties. Rare earth elements (REEs) are foundational to modern technology, and their global supply base remains highly concentrated. While the actual elements are not scarce in the Earth's crust, they are found in compounds. Their processing is therefore costly and energy-intensive. Global mine production has expanded significantly over the past decade, with output reaching record highs of about 390,000 metric tons in 2025. China accounts for the majority of that output, leading both in mining and refining. Other notable producers include Myanmar, Australia, and the United States, though their combined contribution remains modest. China's domestic output has grown substantially over time, reinforcing the country's position as the dominant node in the global rare earth supply chain.Â

Detailed statistics
Rare earths total global reserves 2010-2025

Detailed statistics
Global rare earth mine production 2025, by leading country

Detailed statistics
Global rare earth mine production 2025, by leading country

Rare earths total global reserves 2010-2025
Reserves of rare earths worldwide from 2010 to 2025 (in million metric tons)

Rare earth reserves worldwide 2025, by country
Reserves of rare earths worldwide as of 2025, by country (in 1,000 metric tons REO)

Global rare earths mine production volume 2010-2025
Mine production of rare earth elements worldwide from 2010 to 2025 (in 1,000 metric tons REO)

Share of global rare earth mine production 2021, by deposit type
Distribution of rare earth element production worldwide as of 2021, by principle deposit type

Rare earth elements demand worldwide 2024, by use case
Global demand for rare earth elements (REE) in 2024, by use case (in kilotons)

Distribution of global rare earth element consumption 2024, by end use
Distribution of rare earth element consumption worldwide in 2024, by end use

Global share of rare earth metal exports 2024, by select country
Distribution of rare earth metal exports worldwide in 2024, by country

Global share of rare earth metal imports 2024, by select country
Distribution of rare earth metal imports worldwide in 2024, by country

China's market share in global rare earth supply chain 2023, by segment
China's market share in the global rare earth supply chain in 2023, by segment

Rare earth mining global distribution 2025, by country
Distribution of rare earth production worldwide as of 2025, by country

Global rare earth mine production 2025, by leading country
Mine production of rare earths worldwide in 2025, by leading country (in metric tons REO)

Rare earth mining global distribution 2023-2040, by country
Distribution of rare earths production worldwide in 2023, with a forecast for 2030 and 2040, by country

Rare earth element supply from refining 2024-2040, by country
Rare earth element supply from refining in 2024, with a forecast for 2030 and 2040, by country (in kilotons)

Production volume of rare earths globally 2024, by political stability of producers
Production volume of rare earth oxides worldwide in 2024, by political stability of producer countries (in metric tons)

Forecast of global rare earth oxide production excluding China 2009-2025
Total global forecast of rare earth oxides excluding China from 2009 to 2025 (in metric tons)*

Rare earths mine production in China 2010-2025
Mine production of rare earths in China from 2010 to 2025 (in metric tons REO)

Share of global rare earths production in China 2016-2025
China's share of rare earths production worldwide from 2016 to 2025

Rare earths production in the U.S. 2012-2025, by type
Production of rare earths in the United States from 2012 to 2025, by type (in metric tons of rare-earth oxide equivalent)

Share of global rare earths production in the U.S. 2018-2025
Share of global rare earths production in the United States from 2018 to 2025

Rare earths mine production in Myanmar 2018-2025
Mine production of rare earths in Myanmar from 2018 to 2025 (in metric tons REO)

Rare earths production volume in Australia 2011-2025
Production volume of rare earths in Australia from 2011 to 2025 (in metric tons REO)

Rare earths mine production in Thailand 2015-2025
Mine production of rare earths in Thailand from 2015 to 2025 (in metric tons REO)

Production volume of rare earths in Malaysia 2020-2024
Volume of rare earths produced in Malaysia from 2020 to 2024 (in metric tons)

Global share of rare earth metal exports 2024, by select country
Distribution of rare earth metal exports worldwide in 2024, by country

Global share of rare earth metal imports 2024, by select country
Distribution of rare earth metal imports worldwide in 2024, by country

Rare earths export volume in China 2017-2025
Annual export volume of rare earths in China from 2017 to 2025 (in metric tons)

Rare earths export value in China 2017-2025
Annual export value of rare earths in China from 2017 to 2025 (in million U.S. dollars)

Rare earth elements import share EU 2024, by country of origin
Share of rare earth element imports in the European Union in 2024, by country of origin

Annual rare earth export volume in the EU 2021-2024
Annual volume of rare earth exports from the European Union (EU) from 2021 to 2024 (in 1,000 metric tons)

Annual rare earth import volume in the EU 2021-2024
Annual volume of rare earth imported to the European Union (EU) from 2021 to 2024 (in 1,000 metric tons)

Annual rare earth import value in the EU 2021-2024
Annual value of rare earth imported into the European Union (EU) from 2021 to 2024 (in million euros)

U.S. rare earth exports by product 2018-2025
Exports of rare earths from the United States from 2018 to 2025, by product (in metric tons)

U.S. rare earth imports by product 2018-2025
Imports of rare earths to the United States from 2018 to 2025, by product (in metric tons)

Rare earths export and import value in Malaysia 2016-2025
Annual trade value (export and import) of rare earths in Malaysia from 2016 to 2025 (in million Malaysian ringgit)

Lynas Corporation's revenue FY 2019-2025
Revenue of Lynas Corporation from financial year 2019 to 2025 (in million Australian dollars)

Rare earths production volume of Lynas Rare Earths globally FY 2021-2025, by type
Rare earths production volume of Lynas Rare Earths worldwide from financial year 2021 to 2025, by type (in metric tons)

Iluka revenues on mineral sands 2014-2025
Mineral sands revenue of Iluka from 2014 to 2025 (in million Australian dollars)

Northern Minerals & Exploration revenue 2019-2025
Revenue of Northern Minerals & Exploration from 2019 to 2025 (in U.S. dollars)

Rare earth oxides average price 2015-2025
Average price of selected rare earth oxides from 2015 to 2025 (in U.S. dollars per kilogram)

Average prices for selected rare earth oxides from China 2025-2026
Average Chinese domestic and export prices for selected rare earth oxides as of March 2025 to February 2026 (in U.S. dollar per kilogram)

Average prices for selected rare earth metals from China 2025-2026
Average Chinese domestic and export prices for selected rare earth metals from March 2025 to March 2026 (in U.S. dollars per kilogram)

Distribution of rare earth magnet manufacturing supply worldwide 2024, by country
Global share of rare earth magnet manufacturing supply in 2024, by country

Magnet rare earth demand worldwide 2025-2035, by main driver
Global magnet rare earth demand volume as of 2025 with forecast in 2035, by main application (in 1,000 tons of REE equivalent)

Distribution of magnet rare earth mining supply worldwide 2024, by country
Global share of magnet rare earth mining supply in 2024, by country

Distribution of magnet rare earth refining supply worldwide 2024, by country
Global share of magnet rare earth refining supply in 2024, by country

Rare earths production worldwide 2018-2031
Rare earths production worldwide from 2018 to 2031 (in millions)

Production growth of rare earth elements worldwide, 2019-2030
Forecasted production growth of rare earth elements worldwide from 2019 to 2030

Rare earth element supply from refining 2024-2040, by country
Rare earth element supply from refining in 2024, with a forecast for 2030 and 2040, by country (in kilotons)

Rare earth element supply from mining 2024-2040, by country
Rare earth element mining supply in 2024, with a forecast for 2030 and 2040, by country (in kilotons)

Forecast global neodymium and praseodymium demand share 2030, by application
Forecast distribution of demand for neodymium and praseodymium worldwide in 2030, by application

Global rare earth element demand for cleantech worldwide 2021-2040
Demand for rare earth element for making clean technologies worldwide in 2021 and 2023, with an outlook for 2030 and 2040 (in thousand metric tons)
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