Can US weaken China's grip on rare earths market?
China's one-year delay on rare earth export limits allows the U.S. and allies to enhance production and processing amid a crucial trade agreement, officials said.
- China promised a one-year delay to new export limits on rare earths, critical minerals essential to many high-tech products.
- The pause on restrictions came through a trade agreement that President Donald Trump secured, postponing export controls on rare earths for one year.
- The United States and its allies are moving to boost rare-earth production and processing capabilities, using China’s export delay as a chance to develop domestic supply chains.
- At a mine in Ganxian county, Jiangxi province, workers operate machinery illustrating Chinese rare-earth mines and production infrastructure, but observers warn it will be hard to undercut China's stranglehold on the market.
- The pause creates strategic breathing room for allied supply-chain moves, as the delay and push could reshape global supply chains for high-tech products and heighten competition between the United States, its allies and China.
15 Articles
15 Articles
Rare earth deal may weaken China's grip on market
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