Browsing: technology materials

U.S. firms are dramatically ramping up imports of rare-earth magnets from China, with shipments skyrocketing 660% as supply chain worries mount and demand for these vital materials in technology and defense soars

China has dramatically tightened export controls on rare earth minerals-crucial building blocks for the electronics and defense industries. This bold strategy highlights Beijing’s growing influence amid rising global trade tensions, sending shockwaves through supply chains worldwide, Reuters reports