China placed export restrictions on rare earth elements on Friday as part of its sweeping response to U.S. President Donald Trump's tariffs, squeezing supply to the West of minerals used to make weapons, electronics and a range of consumer goods.
China produces around 90% of the world's rare earths, a group of 17 elements used across the defense, electric vehicle, energy and electronics industries. The United States has only one rare earths mine and most of its supply comes from China.
The export curbs include not only mined minerals but permanent magnets and other finished products that will be difficult to replace, analysts said.
The move, which affects exports to all countries, not just the U.S., is the latest demonstration of China's ability to weaponize its dominance over the mining and processing of the critical minerals.
Seven categories of medium and heavy rare earths, including samarium, gadolinium, terbium, dysprosium, lutetium, scandium and yttrium-related items
China produces around 90% of the world's rare earths, a group of 17 elements used across the defense, electric vehicle, energy and electronics industries. The United States has only one rare earths mine and most of its supply comes from China.
The export curbs include not only mined minerals but permanent magnets and other finished products that will be difficult to replace, analysts said.
The move, which affects exports to all countries, not just the U.S., is the latest demonstration of China's ability to weaponize its dominance over the mining and processing of the critical minerals.
Seven categories of medium and heavy rare earths, including samarium, gadolinium, terbium, dysprosium, lutetium, scandium and yttrium-related items
15 hours ago