中国重新对美开放稀土，有两样东西绝不能给，出口量已接近清零

Core Viewpoint - China's adjustment of rare earth export policies, particularly the strict control over antimony and germanium, poses a dilemma for the U.S. as it attempts to navigate its reliance on Chinese materials while facing domestic pressures to develop its own supply chains [4][11][29]. Group 1: China's Rare Earth Export Strategy - China has increased the export of rare earth magnets to the U.S. but maintains strict controls over antimony and germanium, which are critical materials for military and high-tech applications [5][9][11]. - The export of rare earth magnets to the U.S. saw a significant increase in June compared to May, yet it still represents a 38.1% decrease compared to the same period in 2024, indicating that the restrictions are not fully lifted [9][29]. - The strategy behind the limited release of rare earth magnets is to alleviate immediate pressures on U.S. automotive manufacturers while keeping military-related exports tightly controlled [9][13]. Group 2: Impact on U.S. Industries - The U.S. automotive industry, particularly in the context of electric vehicles, relies heavily on rare earth materials, and the easing of restrictions has allowed manufacturers to resume production and reduce inventory turnover days [13][15]. - Conversely, the U.S. military-industrial complex continues to face challenges due to China's stringent controls on military-related rare earth exports, highlighting a significant gap in the U.S. supply chain capabilities [15][17]. - U.S. companies are under pressure to reconcile the need for Chinese rare earths with the government's push for domestic production, leading to a complex situation where they struggle to balance cost and supply chain independence [17][29]. Group 3: Strategic Importance of Antimony and Germanium - Antimony and germanium are critical for various high-tech and military applications, including ammunition, military alloys, infrared optics, and semiconductor manufacturing [21][23]. - China's strict control over these materials serves as a countermeasure to U.S. technological restrictions and aims to protect national security interests by preventing these resources from being used against China [23][29]. - The significant drop in exports of antimony and germanium, with June figures showing declines of 88% and 95% respectively compared to January, reflects China's commitment to maintaining control over these strategic resources [27][29].