Rare metals including Lithium (Li), Beryllium (Be), Rubidium (Rb), Cesium (Cs), Zirconium (Zr), Hafnium (Hf), Niobium (Nb), Tantalum (Ta), Tungsten (W) and Tin (Sn) are important critical mineral resources. In China, rare metal mineral deposits are spatially distributed mainly in the Altay and Southern Great Xingán Range regions in the Central Asian orogenic belt; in the Middle Qilian, South Qinling and East Qinling mountains regions in the Qilian–Qinling–Dabie orogenic belt; in the Western Sichuan and Bailongshan–Dahongliutan regions in the Kunlun–Songpan–Garze orogenic belt, and in the Northeastern Jiangxi, Northwestern Jiangxi, and Southern Hunan regions in South China. Major ore-forming epochs include Indosinian (mostly 200–240 Ma, in particular in western China) and the Yanshanian (mostly 120–160 Ma, in particular in South China). In addition, Bayan Obo, Inner Mongolia, northeastern China, with a complex formation history, hosts the largest REE and Nb deposits in China. There are six major rare metal mineral deposit types in China: Highly fractionated granite; Pegmatite; Alkaline granite; Carbonatite and alkaline rock; Volcanic; and Hydrothermal types. Two further types, namely the Leptynite type and Breccia pipe type, have recently been discovered in China, and are represented by the Yushishan Nb–Ta– (Zr–Hf–REE) and the Weilasituo Li–Rb–Sn–W–Zn–Pb deposits. Several most important controlling factors for rare metal mineral deposits are discussed, including geochemical behaviors and sources of the rare metals, highly evolved magmatic fractionation, and structural controls such as the metamorphic core complex setting, with a revised conceptual model for the latter.