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.

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 decision to restrict exports of a range of rare earths and magnets has tripped up the supply chains central to automakers and aerospace manufacturers.

Beijing says it is ‘willing to enhance communication’ on strategic minerals, which have taken centre stage in US-China trade negotiations.

China appears to have offered U.S. and European auto giants something of a reprieve over a rare earth shortage.

China’s curbs on rare earth exports are reflected in trade data as value plummets in May, and risks to US supply chain are seen.