7日的日经平均股指收盘报5万1961点，较前一日下跌556点。由于中国宣布将加强军民两用物项对日本 出口管制。市场对稀土供应的担忧升温，新年伊始以来日本股市的上涨势头被泼下了冷水。投资者脑海 中浮现的是2010年的恶梦…… 考虑到日本首相高市早苗有关"台湾有事"的国会答辩，中国似乎在加强对日本的经济压力，中日关系的 紧张正在进一步升温。中国政府目前尚未提及受到加强管制影响的具体品类，但市场担忧如果稀土相关 产品成为对象，将对日本产业造成巨大影响，这种警惕感引发了抛售。 日经QUICK新闻 末藤加惠 版权声明：日本经济新闻社版权所有，未经授权不得转载或部分复制，违者必究。 1月7日，日本东京股市的日经平均股指回落，收盘报5万1961点，较前一日下跌556点（跌幅1%）。中 国宣布将加强军民两用物项对日本出口管制。由于中国被认为占据全球稀土产量的一半以上，市场对稀 土供应的担忧升温，新年伊始以来日本股市的上涨势头被泼下了冷水。 中国占稀土全球产量的7成，在稀土磁铁的产量上也超过8成。尤其是用于纯电动汽车（EV）马达的镝 等重稀土类，"据称几乎100%依赖中国。如果稀土出口受到限制，将对汽车生产活动产生的负面影响巨 ...

中国内蒙古的稀土矿山（资料图，Reuters） 在日本首相高市早苗围绕"台湾有事"的国会答辩引发中日关系对立的情况下，中国加强了经济压力。也 有观点指出稀土相关产品也包括在对象中，可能对日本的产业产生影响…… 中国政府1月6日发布公告，根据军民两用物项的禁令表示，加强两用物项对日本出口管制。在日本首相 高市早苗围绕"台湾有事"的国会答辩引发中日关系对立的情况下，中国加强了经济压力。也有观点指出 稀土相关产品也包括在对象中，可能对日本的产业产生影响。 中国商务部宣布，根据《中华人民共和国出口管制法》等法律法规有关规定，即日起禁止所有两用物项 对日本军事用户、军事用途，以及一切有助于提升日本军事实力的其他最终用户用途出口。 商务部在发言人谈话中就加强管制的背景指出，"日本领导人近期公然发表涉台错误言论，暗示武力介 入台海可能性，粗暴干涉中国内政，严重违背一个中国原则，性质和影响极其恶劣。" 中国官方媒体官员在商务部发布消息的几乎同时，在中国社交媒体上发文表示，鉴于日本的恶劣言行， 中国政府将收紧对重稀土类出口管制的审查。 中国官方的英文报纸《中国日报》6日晚间也援引相关人士的话报道称，中国政府正在研究对特定稀土 ...

高市早苗这位被日本右翼视为希望之光的政客，恐怕即将黯然退场。2026年刚刚开始，关于她撑不到年底的传闻就像一把寒冷的冬日火焰，迅速蔓延至东亚 政坛。高市早苗的下台似乎已成定局，现在的焦点问题就是她究竟如何退出政治舞台。2025年11月，来自中国海关的权威数据显示，中国对日本出口的稀土 磁铁达到304吨，同比增长了约34%，创下全年新高，而与此同时，中国对美国的同类出口量却出现下降。 关键在于上瘾，中国提供的是民用轻稀土，不涉及到军事相关的重稀土。日本的企业看到政策逐渐收紧，急于囤积稀土，以为自己占了便宜，但实际上，他 们已经掉入了中国精心设下的陷阱。稀土是一种你无法割舍的资源，哪怕是再高调的反华言论，一旦缺少了稀土，新能源电动车、军事雷达、导弹制导系统 等高科技产业都会停滞不前。届时，高市将如何继续推动她所谓的强硬路线？ 这一升一降，背后蕴含的战略含义不言自明。这不仅仅是一次普通的贸易波动，更是一场充满战略布局的稀土博弈。日本一方面不断挑起事端，口口声声说 着要实现稀土去中国化，并大肆传播反华言论；另一方面，日本的企业却低头抢购稀土磁铁，几乎以低价将它们运往日本的工厂。看似矛盾的局面，其实背 后有着明确的逻辑 ...

【文/观察者网 齐倩】 近来，美西方致力于建立本土稀土产业链，摆脱对华依赖。但他们深知，此事并无快速解决方案。 在此情况下，美国媒体开始研读中国稀土"发家史"，试图从中"取经"。 12月31日，《纽约时报》刊发长文，仔细研究了中国长达六十年的稀土产业发展历程。 稀土被誉为"工业维生素"，是先进武器装备、航空航天部件、风力发电、新能源汽车、机器人及智能制 造等战略性产业的关键原材料支撑。过去30年里，中国在稀土开采和提炼方面始终具有主导力。 据国际能源署数据，2023年中国占全球稀土矿产量的超60%，但其对加工阶段的控制却占全球产量的 92%，在全球稀土加工领域几乎拥有垄断性的控制权。美国地质调查局还表示，2020年至2023年，美国 70%的稀土化合物和金属进口来自中国。 "中国在稀土领域的核心地位并非偶然，"文章称，"而是几十年来最高层规划和国内外投资的结果"。 白云鄂博矿 新华社 文章提到，中国在稀土领域的主导地位起源于1964年4月。当时，中国地质学家在内蒙古包头附近的白 云鄂博矿中发现世界上最大稀土矿藏。中方领导人予以高度重视。 产量全球占比达60%以上，精炼供应量占比达92% 美媒制图 文章指出，自 ...

该倡议支持美国国内稀土加工、锂矿开采、锑生产以及涵盖27个战略细分领域的先进制造业，旨在减少对中国的依赖。 由首席执行官杰米·戴蒙（Jamie Dimon）领导，资深投资者托德·库姆斯（Todd Combs）及包括杰夫·贝索斯（Jeff Bezos）和康多莉扎·赖斯（Condoleezza Rice）在内的顾问委员会共同推动，此举标志着华尔街与美国产业政策及新投资机遇的深度结合。 100亿美元！ 摩根大通打响"供应链保卫战" 【Rare Earth Exchanges网 12月29日报道】 核心要点 摩根大通启动了规模达100亿美元的"安全与韧性倡议"，投资美国的关键矿产、半导体、国防和前沿技术领域，将国家安全目标与商业回报相结合。 确保稳定获取关键矿产（如锂、锑和稀土元素）是SRI的基石。戴蒙曾警告称，美国变得"过度依赖不可靠的关键矿产、产品及制造来源"，威胁着国家安 全。因此，摩根大通明确将关键矿产开采和加工列为投资目标。 2025年，美国政府已不再局限于补贴和贷款，开始对部分半导体及关键矿产公司采取股权类投资和战略持股，以保障国内供应链安全。摩根大通 （JPMorgan）新推出的"安全与韧性倡议"（Se ...

2025 年 12 月 12 日，白宫的一场高调签约仪式上，特朗普站在澳大利亚、日本、韩国等九国代表中 间，宣布启动 "Pax Silica 宣言" 联盟，高调宣称要 "彻底打破中国在稀土领域的垄断"。 这位向来擅长社交媒体造势的总统，将这份多边协议包装成 "重塑全球供应链的里程碑"，直言 "美国再 也不会为关键矿产被卡脖子而担忧"。 但现实很快给了这份雄心勃勃的计划一记响亮耳光 —— 就在联盟成立不到一个月，美国地质调查局的 最新报告显示，美国市场对中国氧化钇的依赖度仍高达 93%，所谓的 "联盟供应" 连缺口的零头都填补 不上。 特朗普政府的操作看似步步为营：2025 年 10 月先与澳大利亚敲定数十亿美元的稀土矿开发协议，11 月 联合日本共享分离技术，12 月拉上韩国负责加工环节，试图构建 "澳挖矿、日炼化、韩加工" 的闭环供 应链。 为了刺激本土产能，美国国防部还掏出 4 亿美元入股本土唯一稀土矿商 MP 材料公司，承诺以每公斤 110 美元的保底价格采购钕、镨等稀土，相当于市场价的两倍。 但这些动作终究是纸上谈兵，美国稀土产业链的短板早已根深蒂固 —— 本土虽有矿山，但精炼加工能 力近乎为零，2/ ...

Core Viewpoint - China's rare earth magnet exports to Japan surged by 34.7% in November, reaching 304 tons, contrary to expectations of economic sanctions due to provocative remarks from Japanese politician, Sanae Takaichi [1][2] Group 1: Export Dynamics - The increase in exports is attributed to the release of compliant trade orders and the rigid demand in the global supply chain, following China's tightening of export controls in October [2][4] - The majority of the exported rare earth magnets are directed towards Japanese automotive manufacturers like Toyota and Honda, highlighting the urgency of Japan's inventory needs during its energy transition [4][9] Group 2: Strategic Intent - The contrasting export trends—rising exports to Japan and declining exports to the U.S. by 11.4%—indicate a strategic approach rather than emotional reactions, showcasing China's ability to control supply flows and pricing power in the rare earth market [5][7] - China's dominance in rare earth processing, controlling over 90% of global refining and separation capacity, ensures that even if Japan sources raw materials from other countries, they remain dependent on China for high-performance processing [7][9] Group 3: Political and Economic Strategy - China's strategy involves maintaining trade with compliant Japanese firms while applying pressure on radical political figures, thereby preventing a complete breakdown in Sino-Japanese relations [10][12] - The decline in exports to the U.S. serves as a silent demonstration of China's effective export control measures, signaling a selective approach to trade based on end-use applications, particularly in sensitive military sectors [14][15] Group 4: Long-term Implications - The current dynamics suggest that China is not only maintaining its position in the global supply chain but is also reshaping the rules of rare earth trade, ensuring that every ton exported to Japan reinforces China's industrial advantages [14][15] - The situation reflects a broader strategy where China retains control over critical resources, thereby enhancing its geopolitical leverage while avoiding overt confrontations [15]

Core Viewpoint - China has decided to suspend its export controls on rare earths to the U.S. for one year, yet U.S. companies and politicians continue to criticize China for allegedly obstructing the establishment of a domestic rare earth processing industry [1][4]. Group 1: Export Controls and Market Reactions - Despite China's increase in the delivery of key minerals like rare earth magnets, U.S. industries still claim they cannot obtain sufficient necessary materials for production [1][4]. - The U.S. government has not ceased its pressure on Chinese companies, even as it accuses China of limiting raw material supplies [1][5]. - Data from China's customs indicates that while exports of permanent magnets to the U.S. decreased by 11% in November compared to the previous month, overall exports of rare earth elements and products increased by 13% [4]. Group 2: Industry Concerns and Strategic Responses - U.S. companies express concerns about potential future restrictions on rare earth exports from China after the one-year suspension period ends [8]. - The U.S. and EU are developing emergency plans to enhance local production of minerals, diversify supplier networks, and establish strategic reserves, although experts acknowledge there are no quick solutions [6][8]. - The U.S. Geological Survey reported that from 2020 to 2023, 70% of the rare earth compounds and metals imported by the U.S. came from China, highlighting China's dominant position in the market [6]. Group 3: Diplomatic Engagements - Recent economic discussions between China and the U.S. have focused on rare earths, with both sides expressing a commitment to continue constructive dialogue and cooperation [9]. - China's recent measures regarding export controls are framed as a legal and regulatory improvement to its export control system, emphasizing its role in maintaining global supply chain stability [8].

Group 1 - The EU has become increasingly reliant on China for rare earth materials, with a dependency rate of 98%, which directly impacts key industries such as renewable energy, military, and aerospace [4] - In September 2025, China exported 2,582 tons of rare earth magnets to the EU, marking a 21% month-on-month increase and reaching a recent high [1] - The EU is planning to impose a 50% tariff on Chinese steel and has initiated 20 anti-dumping investigations, indicating a shift towards protectionist measures against Chinese imports [1] Group 2 - The EU's recent sanctions against 12 Chinese companies, accused of helping Russia evade sanctions, have raised concerns among European businesses about the potential disruption of supply chains [1][9] - China's recent export controls on rare earth materials include a compliance review system, which could impact global supply chains and create a "valve" controlled by China [7] - The EU's Critical Raw Materials Act aims to reduce reliance on single third-country suppliers to below 65% by 2030, but challenges remain due to slow progress in domestic rare earth projects [6] Group 3 - European companies are facing production disruptions due to China's tightened rare earth export controls, with some firms experiencing a 40% drop in imports and a 15% increase in production costs [9] - The political tensions between the EU and China are creating a complex environment for businesses, as companies like those in Bavaria are successfully navigating through established "green channels" for importing rare earth materials [10] - The EU's internal contradictions regarding its approach to China are evident, as it seeks to balance geopolitical alignment with the U.S. while also recognizing the necessity of maintaining stable supply chains from China [6]

Core Insights - Morgan Stanley predicts global robot hardware sales will surge from $100 billion in 2025 to $500 billion by 2030, $9 trillion by 2040, and exceed $25 trillion by 2050, with the market size potentially doubling when including software services and maintenance revenue [1] - By 2050, it is estimated that 1.4 billion robots will be sold globally, with a total operational volume of 6.5 billion robots, driven by five key factors: scenario explosion, cost reduction, policy support, labor replacement, and AI empowerment [1] Group 1 - The demand for upstream components will see a significant increase, with the need for 5.7 billion cameras (a 95-fold increase from 2025), 27 billion motors (a 260-fold increase), 41 billion bearings (a 200-fold increase), 1.7 million tons of rare earth magnets (a 480-fold increase), and 26 terawatt-hours of battery capacity (a 1450-fold increase) by 2050 [3] - Motor, bearing, rare earth, and AI chip suppliers are expected to experience a golden decade due to this surge in demand [3] Group 2 - China is positioned to leverage its manufacturing capabilities, rare earth resources, and policy support to achieve large-scale production in industrial robots, drones, and autonomous driving, projected to account for 26% of global robot sales by 2050, with even higher market shares in industrial robots and drones [3] - Chinese companies dominate the global humanoid robot supply chain with a 63% market share, particularly excelling in motors, sensors, and structural components [3]