X @Nick Szabo

Rare Earth Export Restrictions & Impact - China has halted yttrium exports to the US after April, a key rare earth element [1] - Global yttrium exports from China have decreased by approximately 30% [1] US Dependence & Stockpile Depletion - Before export controls, the US imported 93% of its yttrium directly from China [2] - US industry stockpiles of yttrium have significantly decreased, with one trader reporting a drop from 200 tons to 5 tons [2] - US yttrium stockpiles are estimated to last between 1 to 12 months of consumption [2] Yttrium Applications & Strategic Importance - Yttrium is crucial for high-temperature superconductors, jet engines, advanced coatings, missile systems, lasers, and specialized ceramics [1] - The US is reliant on China for rare earth elements like yttrium [2]