Rare earth minerals at center of U.S.-China trade talks
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The Trump administration is developing a plan to use Cold War-era powers to prioritize and fund rare earth projects it deems critical to national security, people familiar with the matter said.
In April, the Trump administration announced an economic investment deal with Ukraine designed to give the U.S. access to Ukraine's rare earths, a move that comes amid the White H
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India, which has the world's third-largest reserves of rare earth elements, is working to bolster its domestic mining and refining capabilities. Experts say the country is well positioned to grow in the sector and provide partners like the U.
Rare-earth magnet supply shortages from China threaten U.S. auto production, putting key parts and plant operations at risk.
The rare earth magnet supply chain bottleneck was triggered by export restrictions placed by China whereby the country introduced licensing requirements to export these materials.
The Indian automotive sector, especially electric vehicle manufacturers, is grappling with a critical shortage of rare earth magnets due to China's export restrictions. This situation raises concerns over production disruptions and highlights the urgent need for government intervention to boost domestic production capabilities.