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Dominican Republic has over 150 million tons of rare earth deposits, president says

2026-02-27

The Dominican Republic's president announced the discovery of over 150 million tons of rare earth elements, a critical resource for green energy and high-tech industries. This revelation could position the country as a major player in the global rare earth market, which has been dominated by China. The discovery may drive increased foreign investment and reshape supply chains for critical minerals. Global markets are likely to react with heightened interest in rare earths, potentially affecting prices and trade dynamics.