Overview
- Since the June 27 trade framework, China’s authorities have approved a portion of pending U.S. and EU license applications for rare earth exports.
- Despite resumed shipments, critical metals such as dysprosium and terbium remain tightly restricted under the export quota system.
- New magnet-tracking requirements launched in June compel producers to report customer details and transaction volumes to regulators.
- April export curbs slashed magnet shipments by 75 percent and forced automakers to pause production for two months.
- Global consumers are accelerating domestic supply projects and stockpiling inventories to reduce dependence on Chinese rare earths.