New Delhi, Oct. 27 -- In recent weeks, the US has signed multiple deals to source rare earth minerals. India too has been active as are several other nations. Mint explores the chances the world has to end China's dominance in rare earth minerals, which have applications in smartphones, laptops, electric vehicles, solar panels, and defence equipment.

Yes. Last week, the US signed an agreement with Australia, which is keen to become a major player in the rare earth minerals space. The deal seeks to end China's near monopoly in the global critical minerals market.

US President Donald Trump claimed after signing the agreement that in one year there would be an abundance of critical minerals and rare earths that the world would not know wha...