
China Expands World's Largest Rare Earth Mine by 50%
China is investing $74 million to expand the Bayan Obo mining complex in Inner Mongolia, increasing annual mining capacity by 50% to reach 15 million tonnes. Although the project focuses on iron ore production, Bayan Obo is also recognized as the world's largest known rare earth deposit.
This expansion demonstrates China's continued investment in securing its dominance in rare earth mineral production, which are critical for modern technology and manufacturing. The significant capacity increase underscores the strategic importance China places on maintaining control over these essential resources for both domestic use and global supply chains.











