Rare earth elements might represent small slivers of the global metals market, but they’re big sticks on the geopolitical stage, where China wields its considerable heft as a bargaining chip during trade disputes. Countries like the U.S. have started taking steps to reverse China’s dominance. New mines have opened, and manufacturers are popping up to make magnets and motors. But it has been a slow process. China built its position over several decades “The unfortunate part is that in order to b…
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