US EditionUS customers should get Chinese rare earth permits more easily after trade truce: Reuters
- A trade truce between the US and China announced on May 12, 2025, is expected to ease export permit access for US customers seeking Chinese rare earth metals.
- This development follows China’s April 4 addition of seven rare earth elements to its export control list amid prior trade tensions and reciprocal tariffs.
- Industry sources anticipate faster export license approvals, while Australia prepares a A$7-billion critical minerals investment and strategic stockpile initiative.
- Warren Pearce said the CMPTI, worth A$7 billion and approved before Australia's recent election, will level the competitive field and encourage investor confidence.
- The trade truce and Australian government actions suggest increased rare earth supply security, though risks include market price impacts and ongoing geopolitical volatility.
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US customers should get Chinese rare earth permits more easily after trade truce, say sources
Rare earth export permits for U.S. customers are likely to have an easier time getting approval from Beijing after Monday's trade war truce, however a complete removal of the restrictions is unlikely, according to two sources in the industry in China.
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US customers should get Chinese rare earth permits more easily after trade truce
Rare earth export permits for US customers are likely to have an easier time getting approval from Beijing after Monday’s (May 12) trade war truce, however a complete removal of the restrictions is unlikely, according to two sources in the industry in China.
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