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China’s rare earths controls prompt fears of auto shortages and shutdowns

  • China has imposed export controls on rare earth minerals, critical for technology production, increasing concerns over potential auto shortages and military supply issues.
  • The United States relies on China for 72% of its rare earth metals supply, posing a risk to its military and technological competitiveness.
  • Beijing's export restrictions could disrupt production, potentially leading to shortages later this year.
  • India is initiating projects to enhance its critical mineral production and diversify supply sources following the implications of China's restrictions.
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Financial Times broke the news in London, United Kingdom on Sunday, April 20, 2025.
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