![Norway just loosened China’s stranglehold on rare minerals critical to the global economy—and it’s a huge win for Europe and the U.S.](https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1163776826-e1718140150112.jpg?w=2048)
Norway just loosened China’s stranglehold on rare minerals critical to the global economy—and it’s a huge win for Europe and the U.S.
FortuneChina currently processes 90% of the world’s rare elements; breaking that dominance is a top priority for Europe and the U.S.