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China's Dominance in Rare-Earth Magnet Patents Overshadows Global Competitors

From 2014 to 2024, China filed nearly 20,000 rare-earth patent families, outpacing Japan and South Korea by wide margins. This patent supremacy aligns with China’s control of 94% of the global rare-earth permanent magnet market, underscoring its strategic manufacturing and export leverage. While Japan maintains critic…

Saturday, May 30, 2026
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