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Rebels in Myanmar seize rare earth mines, threatening global supply and pushing prices up.
Rebels in Myanmar have taken control of rare earth mining sites, producing about half of the world's heavy rare earths, significantly disrupting China's imports and causing a potential rise in prices.
The Kachin Independence Army (KIA) is using these reserves to exert pressure against China, which supports Myanmar's military junta and has invested heavily in the region's mining.
This disruption could lead to higher rare earth prices, affecting industries like wind turbines and electric vehicles.
India has shown interest in the situation.
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Los rebeldes de Myanmar se incautan de minas de tierras raras, amenazando la oferta mundial y aumentando los precios.