(Devjyot Ghoshal’s post from the REUTERS NEWS on 17 September 2025.)
BANGKOK, March 28 (Reuters) - When armed rebels
seized northern Myanmar's rare-earths mining belt in October, they dealt a blow
to the country's embattled military junta - and wrested control of a key global
resource.
By capturing sites that produce roughly half of the
world's heavy rare earths, the Kachin Independence Army (KIA) rebels have been
able to throttle the supply of minerals used in wind turbines and electric
vehicles, sending prices of one key element skyward.
The KIA is seeking leverage against neighbouring China, which supports the junta and has invested heavily in rare earths mining in Myanmar's Kachin state, according to two people familiar with the matter.