How China Is Winning Africa's Rare Earth Race

China controls 60% of global rare earth mining and 90% of processing. But a new wave of African discoveries — from Tanzania's Ngualla deposit to Angola's Longonjo project — could reshape the supply chain. Lucas and Luna examine how Beijing is locking in long-term deals with African governments, financing infrastructure-for-minerals swaps, and building processing plants on the continent. They also look at the counterplay: Western-backed efforts to fund alternative refineries in Australia and Canada. With the trade-weighted US dollar index at 120.5 and yuan-dollar steady at 6.78, who wins this geopolitical tug-of-war over critical minerals? A focused look at one 2026 deal in Tanzania shows the playbook. #RareEarths #ChinaAfrica #CriticalMinerals #SupplyChain #Tanzania #Geopolitics #Economics #TradeWar #Mining #Ngualla #Longonjo #BeijingStrategy #WesternCounterplay #Australia #Canada #FexingoBusiness #BusinessPodcast #ChinaEconomy Keep every episode free: buymeacoffee.com/fexingo