The Real Rare Earth Bottleneck

Everyone thinks rare earths are about mining. They’re wrong.

The real bottleneck isn’t in the ground — it’s in the processing. That’s where China dominates. That’s where the leverage is. And that’s where the money will be made.

In this video I break down the actual pinch point in the rare earth supply chain — from oxides to metals to magnets — and why the West is years behind. I also walk through one of the few listed companies sitting right inside that bottleneck… and why I’ve taken a position.

This isn’t advice. It’s how I’m thinking about it.