China's Rare Earth Export Policies Shift, Impacting Global Supply and US Defense Industry
TL;DR
The U.S. defense industry temporarily avoided a rare-earth metal shortage caused by China's export restrictions on samarium, a key component in missile magnets, through a European deal, but is racing to find new sources before the existing stockpile runs out.
Topics:worldbusiness#business#china-restrictions#rare-earth-metals#samarium#supply-chain#us-defense-industry
- How U.S. Defense Industry Dodged a Rare-Earth Shortage After China’s Curbs The New York Times
- China’s Rare-Earth Magnet Exports to US Decline in November Bloomberg.com
- China says it is granting new, streamlined rare earth export licences Reuters
- China’s rare earth magnet exports to EU jump nearly 60% as approvals take effect South China Morning Post
- China's rare earths El Dorado gives strategic edge France 24
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