Rare earth metals

US rare earth buyers still see China curbs despite Trump deal

The Asian nation’s overall exports of the raw materials have risen since last year

Vietnam has reserves of 3.5 million tonnes of rare earth minerals, ranking it sixth globally, according to the US Geological Survey’s March 2025 report.

Vietnam amends law to ban exports of raw rare earth minerals

Only companies with government approval will be permitted to exploit, process and use rare earths

The EU's trade imbalance with China widened to 1:4 in container terms, compared with 1:2.7 in 2019, the lobby group said in a report.

EU firms in China accelerating supply chain diversification, report finds

One in three member companies looking to shift sourcing away from China

Whether increased shipments to the US or Europe powered that jump will only be revealed when the customs office releases a country breakdown on Dec 20.

China's rare earth exports jump in November after Xi-Trump meeting

Exports in November jumped for a second consecutive month, by 26.5% from October to 5,493.9 metric tons

Over the past year, the Trump administration has spent over US$1 billion to take stakes in critical minerals and mining companies.

US plans more stakes in minerals companies, Trump official says

Critical minerals such as gallium and cobalt are used in products ranging from iPhones to industrial magnets

Currently only large rare earth companies are eligible to apply for general licences, however, eligibility will widen if the regime is a success, the source said.

China issues first batch of streamlined rare earth export licences: source

Beijing’s new licensing regime signals it is following through on commitments made at the Trump-Xi summit

The US and other countries have been unable to break China’s stranglehold over rare earths supplies.

US moves to deepen minerals supply chain in AI race with China

The Asian nation is home to more than 90% of global rare earths and permanent magnets refining capacity

Above: A rare earth mine in Mountain Pass, California, US. India's consumption of rare earth permanent magnets is expected to double by 2030, and it currently meets its demand through imports.

India approves 72.8 billion rupees rare earth permanent magnets manufacturing programme

[NEW DELHI] India has approved a 72.8 billion rupees (S$1.1 billion) rare earth permanent magnets manufacturing programme, the information minister said on Wednesday (Nov 26).

With the Critical Raw Materials Act, the European Union has set ambitious targets to extract 10%, process 40%, and recycle 25% of its consumption of these materials domestically.

Europe’s critical raw materials strategy

How the European Union can build resilience without abandoning its commitment to fair play

Beijing will “promote mutually beneficial cooperation and peaceful use of key minerals”, Li says.

China’s Premier Li Qiang launches charm offensive on rare earths at G20

European nations have been hit hard by the Asian nation’s decision to require export licenses for metals with military purposes