China's Rare Earth Squeeze: US Firms Stuck Without Key Inputs
Update: 2025-12-24
Description
Despite a truce in October, China continues to limit shipments of rare earth elements to the US, hindering American firms ability to produce essential components like permanent magnets. While finished products are flowing more freely, raw materials remain scarce, keeping the US dependent on China. Official data shows a drop in magnet exports, and US firms face stalled approvals for export licenses. The ongoing supply chain squeeze highlights the fragility of the market for everything from gadgets to defense tech.
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