China’s tightening grip on rare earths exports is sending shockwaves through global markets — and the asx is feeling it The headline announcement was that china will pause its new export restrictions on rare earth elements for one year As beijing adds new restrictions, the united states is responding with unprecedented funding, stockpiling, and collaborative projects to secure supply.
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Australian rare earth stocks climbed on tuesday, extending a recent rally as tightened export controls by china, a top producer, fueled expectations of a global supply squeeze
Lynas rare earths ltd (asx:lyc), the largest producer outside of china, advanced by 3.4%.
