Study: Dependence on Beijing goes far beyond rare earths

China’s supremacy in critical raw materials is even more pronounced and therefore more dangerous for Europe’s industry than previously assumed. This emerges from a study by the Ascii think tank. The reason for concern is therefore not only China’s dominance in rare earths; Beijing also continuously expanded and consolidated its position in magnets, special ceramics and alloys. However, these intermediate products are essential for the energy transition, which makes the dependency of China even more spicy.