Reported about 7 hours ago
The head of a US congressional delegation has indicated that the ongoing dispute between the US and China regarding rare earth supplies remains unresolved, despite efforts to improve bilateral relations during a recent visit to Beijing. Representative Adam Smith noted that while both governments reached a preliminary framework in June concerning shipping rare earth magnets, significant challenges continue to exist. The scarcity of these minerals, crucial for various industries, represents a key point of contention as negotiations continue, particularly in light of a potential meeting between the US and Chinese presidents.
Source: YAHOO