Critical minerals can be defined as minerals that are essential to the economy, and their supply is generally limited. China is the largest producer of many of the world's critical minerals. For example, China produced a 98.18 percent share of the world's gallium, 88 percent of the world's magnesium, and 80.8 percent of tungsten in 2023.
Production share of critical minerals worldwide as of 2023, by majority producing country
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US Geological Survey. (January 31, 2024). Production share of critical minerals worldwide as of 2023, by majority producing country [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1127203/critical-minerals-production-share-by-majority-producing-countries-global/
US Geological Survey. "Production share of critical minerals worldwide as of 2023, by majority producing country." Chart. January 31, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1127203/critical-minerals-production-share-by-majority-producing-countries-global/
US Geological Survey. (2024). Production share of critical minerals worldwide as of 2023, by majority producing country. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1127203/critical-minerals-production-share-by-majority-producing-countries-global/
US Geological Survey. "Production Share of Critical Minerals Worldwide as of 2023, by Majority Producing Country." Statista, Statista Inc., 31 Jan 2024, https://www.statista.com/statistics/1127203/critical-minerals-production-share-by-majority-producing-countries-global/
US Geological Survey, Production share of critical minerals worldwide as of 2023, by majority producing country Statista, https://www.statista.com/statistics/1127203/critical-minerals-production-share-by-majority-producing-countries-global/ (last visited November 21, 2024)
Production share of critical minerals worldwide as of 2023, by majority producing country [Graph], US Geological Survey, January 31, 2024. [Online]. Available: https://www.statista.com/statistics/1127203/critical-minerals-production-share-by-majority-producing-countries-global/