US EditionChina's rare earth export controls are good for Beijing, bad for business
- On June 27, the US and China reached an agreement to lift restrictions on exports, permitting the delivery of rare earth magnets and essential minerals from China to the US to continue after several months of interruption.
- This agreement followed a near-total export freeze starting in spring that disrupted supply chains, threatened factory closures, and forced automakers in the US and India to cut production.
- Rare earth minerals are vital for manufacturing technologies like electric vehicles, and China controls around 70% of mining and 90% of processing, using AI to develop alternatives like the MagNex magnet.
- Dr. Jonathan Bean, CEO of Materials Nexus, said MagNex is a milestone in AI-designed, cheaper, higher-performing, and more sustainable magnets processed at only 20% of rare-earth magnet costs.
- While the deal eases immediate supply shortages, analysts warn the resumption of rare earth flows might be temporary and that supply chains require ongoing monitoring amid geopolitical tensions.
23 Articles
23 Articles
Rare earth dominance: why China still holds the cards despite global pushback
Beijing’s recent export controls on rare earths have spurred a flurry of international efforts to diversify supply chains and reduce China’s long-standing dominance in critical minerals. In June, the Ministry of Commerce announced that it would approve qualified export applications and was open to discussions with other countries regarding the restrictions. But as rare earths emerge as a new front in the US-China rivalry, companies worldwide hav…
China used its economic strength as an instrument of power before US President Trump took up his second term of office. The deepening of the trade conflict is affecting German industry.
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China risks global heavy rare-earth supply to stop Myanmar rebel victory
The global supply of heavy rare earths hinges in part on the outcome of a months-long battle between a rebel army and the Chinese-backed military junta in the hills of northern Myanmar. Read more at straitstimes.com.
Rare Earths: The Hidden Battlefield in Myanmar's Civil Strife
Rare Earths: The Hidden Battlefield in Myanmar's Civil Strife The struggle for dominance in Myanmar's northern region transcends territorial claims, with the commodities strategic to global markets at its core. In an intense confrontation, the Kachin Independence Army (KIA) battles the junta, bringing rare earth minerals to the forefront of geopolitical maneuvering.Nearly half the world's supply of heavy rare earths originates from Kachin state'…
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