Stock Market News·2025-12-20 11:38Core Insights - China's rare-earth magnet exports to the U.S. fell by 11% in November 2025, totaling 582 metric tons, despite an overall increase in China's rare-earth magnet exports [2][9] - Overall rare-earth magnet exports from China surged to 6,150 metric tons in November, a 12% increase from October, marking the second-highest level on record [3] - China's stringent export restrictions on rare earth elements and magnets have been a significant factor in U.S.-China trade tensions, requiring licenses for exports and affecting foreign-manufactured products [4] Industry Dynamics - Rare-earth magnets are crucial for advanced technologies, including defense systems, electric vehicles, wind turbines, and consumer electronics, with China controlling a significant portion of the global supply chain [5] - The U.S. is actively working to establish a resilient "mine-to-magnet" supply chain, with companies like MP Materials and USA Rare Earth making strides to reduce reliance on Chinese supplies [6][9] - Global demand for rare-earth magnets is expected to grow robustly, particularly driven by the electric vehicle and wind power sectors, with forecasts suggesting a tripling of demand by 2035 [7]