Beijing has approved more export licenses for the critical minerals and magnets in recent days, but supplies remain scarce and factories in the West are running out.

China’s new rare earth export restrictions are throttling global supply chains, posing a direct threat to Europe’s auto industry and its mandated EV rollout.

WASHINGTON] Top trade negotiators from the US and China are set to hold fresh talks in London on Monday (Jun 9), offering a glimmer of hope that the world’s two largest economies can defuse tensions over Chinese dominance in rare-earth minerals.