Japan's rare earth magnet makers face a prolonged supply crunch as China's exports of crucial heavy rare earths like dysprosium and terbium remain negligible. This diplomatic fallout, stemming from tensions over Taiwan, has severely impacted Japanese industries. Despite this, China's overall rare earth magnet exports saw a significant dip in May, prompting Japanese firms to seek alternative supply chains and invest in new refining facilities.

Japan's rare earth magnet makers face a prolonged supply crunch as China's exports of crucial heavy rare earths like dysprosium and terbium remain negligible. This diplomatic…

China's rare-earth magnet exports to Japan fell sharply in May, threatening manufacturing supply chains in Japan and potentially South Korea.