China’s rare earth export curbs push U.S. to look to Brazil

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Earlier this month, China announced new export restrictions on rare earths — critical minerals that are used in semiconductors, smartphones, electric vehicles, and more. The new curbs sparked a race by the U.S. to secure supplies from other countries to avoid disruptions to a wide range of industries.

China produces about 70% of the world’s rare earths — a set of 17 metallic elements — and processes nearly 90% of the minerals. The U.S. has signed deals with Australia and several



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China’s rare earth export curbs push U.S. to look to Brazil


Earlier this month, China announced new export restrictions on rare earths — critical minerals that are used in semiconductors, smartphones, electric vehicles, and more. The new curbs sparked a race by the U.S. to secure supplies from other countries to avoid disruptions to a wide range of industries.

China produces about 70% of the world’s rare earths — a set of 17 metallic elements — and processes nearly 90% of the minerals. The U.S. has signed deals with Australia and several



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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