TOP BIT

China is once again stepping up export controls on rare earths. In September, shipments of magnets to the U.S. plunged by nearly 30%.
Energy companies around the world are on alert as inventories run low, supply chains strain, and automakers and machinery producers warn of looming shortages.

🧲 Export squeeze: According to Chinese customs data, exports of rare-earth magnets to the U.S. fell …

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