It was incredibly aggressive. It was totally disproportional to anything that uh the US, the EU or Canada or anybody did because remember these are global measures that the Chinese have put in place to purport to control the movement or export of any item containing certain rare earth from one country to another, right. Even if China is not uh you know one of the parties uh in the agreement.So in Geneva we had an agreement where they would limit their rare earth export controls. they'd keep their retaliator ...

Trade Policy - The EU is exploring trade measures to respond to China's planned export controls on critical raw materials [1] - This action is considered if diplomatic solutions with Beijing are unsuccessful [1]

China convened an unusually large meeting with foreign businesses in an effort to reassure them its new export controls aren’t meant to restrict normal trade https://t.co/DBxiZ1t8Zz ...

Industry Dynamics - The world is waking up to the fragility of the rare earth supply chain, which has developed over the last 30 years and become geopolitical leverage [2] - China's non-market driven behavior necessitates market incentives for the private sector to strengthen the supply chain outside of China [8] - The future demand for permanent magnets is expected to grow significantly with the advent of physical AI and robotics [14] USA Rare Earth Strategy - USA Rare Earth aims to strengthen the supply chain outside of China by integrating mining, processing, and magnet manufacturing [2][4][5] - The company is acquiring Less Common Metals, a UK-based maker of samarium cobalt magnets, to gain expertise and scale production [6][7] - USA Rare Earth is prioritizing support to the US defense sector with the assets it controls [16] - The company is well-capitalized and debt-free, focusing on bringing the whole sector forward [9] Production and Expansion - Magnet making will begin soon, following a "magnet to mine" strategy [11] - The company is developing short-term, medium-term, and long-term strategies to bring all assets to scale [10] - Auto manufacturers and others are expected to agree on building demand signals for rare earth elements outside of China through offtake commitments [13][14] Government Support - The private sector is seeking government support in the form of offtake agreements and permitting to accelerate development [9]

Geopolitical & Economic Concerns - The US government aims to help China, but will not tolerate economic coercion that slows the global economy; such actions will hurt China the most [1] - The US and its allies will not be commanded or controlled by China's command and control economy [2] - China's export controls are unacceptable to the entire world [2] - China cannot be trusted with the global supply chain [4] - China is fueling Russia's war, highlighting the risk of dependence on China for rare earths and other goods [5] Trade & Tariffs - The US is currently in a 90-day roll on tariffs [5] - A longer role in return for a delay is possible, subject to negotiations before the leaders meet in Korea [6] Supply Chain Issues - Some US auto companies reported a slowdown in magnets, which the Chinese attributed to a holiday [3] - The slowdown in magnets is a clear sign to US allies that collaboration is essential [4]

Trade Policy - Chinese officials assured global counterparts that tightened export controls will not disrupt normal trade flows [1]

Japan’s Finance Minister Katsunobu Kato voiced serious concern over China’s latest export controls on rare earths, stressing the importance of coordinated action from G7 nations https://t.co/TByLulGSsC ...

💥BREAKING:🇺🇸 🇨🇳 China confirms “working level talks” with the U.S. regarding tariffs and export controls.BULLISH FOR MARKETS. https://t.co/jfBLrRNQ56 ...

Trade Relations - China confirms "working level talks" with the U S regarding tariffs and export controls [1]

Trade Relations - China's Ministry of Commerce communicated export control measures on rare earths to the US through bilateral dialogue before implementation [1] - China maintains a consistent stance on trade wars: ready to fight or negotiate [1] - Communication between the US and China continues within the framework of the Sino-US economic and trade consultation mechanism, including working-level talks [1]