Reported about 5 hours ago
China has announced a one-year suspension of newly planned export controls on rare earths, following a trade truce between Presidents Trump and Xi. This pause grants global buyers temporary relief, while also giving major economies time to address China's dominance in the rare earths market. Despite this delay, experts indicate that the underlying issues regarding China's control over resources remain unchanged, and countries like the US are actively seeking to reduce dependence on Chinese rare earths.
Source: YAHOO