China was the largest supplier of rare earth elements sourced from mining activities in 2023, accounting for around 47 kilotons of material. In comparison, Australia was one of the smallest suppliers, with only five kilotons. It is expected that by 2040, China will continue to dominate the supply of rare earth elements from mining, reaching more than 60 kilotons.
Rare earth element mining supply in 2023, with a forecast for 2030 and 2040, by country
(in kilotons)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
IEA. (May 15, 2024). Rare earth element mining supply in 2023, with a forecast for 2030 and 2040, by country (in kilotons) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1484889/rare-earth-element-supply-from-mining-by-country/
IEA. "Rare earth element mining supply in 2023, with a forecast for 2030 and 2040, by country (in kilotons)." Chart. May 15, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1484889/rare-earth-element-supply-from-mining-by-country/
IEA. (2024). Rare earth element mining supply in 2023, with a forecast for 2030 and 2040, by country (in kilotons). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1484889/rare-earth-element-supply-from-mining-by-country/
IEA. "Rare Earth Element Mining Supply in 2023, with a Forecast for 2030 and 2040, by Country (in Kilotons)." Statista, Statista Inc., 15 May 2024, https://www.statista.com/statistics/1484889/rare-earth-element-supply-from-mining-by-country/
IEA, Rare earth element mining supply in 2023, with a forecast for 2030 and 2040, by country (in kilotons) Statista, https://www.statista.com/statistics/1484889/rare-earth-element-supply-from-mining-by-country/ (last visited November 22, 2024)
Rare earth element mining supply in 2023, with a forecast for 2030 and 2040, by country (in kilotons) [Graph], IEA, May 15, 2024. [Online]. Available: https://www.statista.com/statistics/1484889/rare-earth-element-supply-from-mining-by-country/