US Rare Earth Buyers Still See China Curbs Despite Trump Deal
The article discusses the ongoing restrictions on rare earth element exports from China to the United States, despite a deal reached between President Trump and his Chinese counterpart in October 2019. According to market participants, China is still limiting the supply of these critical materials, which are essential for the production of permanent magnets and other products in the US. The article suggests that the Trump administration's efforts to secure unimpeded access to rare earth elements from China have not yet yielded the desired results, leaving US buyers still dependent on China's controlled supply. The article highlights the strategic importance of rare earth elements and the continued challenges faced by the US in securing reliable and uninterrupted access to these crucial resources.
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