Try our corporate solution for free!
(212) 419-8286
hadley.ward@statista.com

Rare earth reserves worldwide by country 2019

This statistic illustrates the global rare earth reserves as estimated as of 2019, by country. In that year, India was estimated to own reserves of approximately 6.9 million metric tons of rare-earth oxides.

Rare earth reserves

According to estimates by the U.S. Geological Survey, the worldwide reserves of rare earths are approximately 120 million metric tons. Most of these reserves are located within China, and are estimated at some 44 million metric tons. The United States also owns significant reserves, which are estimated to be some 1.4 million metric tons. In addition, within the major rare earth holding countries are India, Australia, Brazil and Malaysia. With over 132,000 metric tons produced from mines in 2018, China by far exploited most of its rare earths reserves. China produces most of these amounts in Inner Mongolia. The United States, which is the second largest producer of rare earths from mines, extracted some 26,000 metric tons of these commodities in the same year.

Rare earth elements, also called rare earth metals, are a group of 17 chemical elements. The largest subgroup within it are the 15 lanthanides. The two other elements are scandium and yttrium. Based on quantity, the lanthanides cerium, lanthanum and neodymium are the most produced rare earths elements. Yttrium, one of the rare earths that was explored first, has its name from the town where it was found – Ytterby, Sweden. Nowadays, rare earth elements are crucial for a number of key technologies such as medical technology and energy technology. They are used, among many other things, for lasers, battery electrodes, magnets, MRI contrast agents, catalysts, alloys, etc. It is expected that in the near future, most of the rare earth metals will be needed for magnets and metal alloys.

Rare earth reserves worldwide as of 2019, by country (in 1,000 metric tons REO)*

Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

February 2020

Region

Worldwide

Survey time period

2019

Supplementary notes

* REO = rare earth oxides.
All figures are estimates.

Open this statistic in...
Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Single Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* Prices do not include sales tax.

Statistics on "Rare earths"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.