Rare earths shares soar as US and China battle over export controls
Trump administration plans to set price floors, create strategic minerals reserve and take equity stakes
Trump administration plans to set price floors, create strategic minerals reserve and take equity stakes

Rare earths are not the only Chinese product that America would struggle to replace

Beijing’s tight export controls on critical minerals have strained relations with US and EU

Executives predict Beijing’s tighter controls will lead to production delays and higher prices

European policymakers are racing to secure raw materials after Beijing imposed export controls earlier this month

Beijing determined to retain leverage over supply by preventing buyers from building large inventories

These metals have become the plaything of the US-China trade war