China produces the entire world’s supply of samarium, a rare earth metal that the United States and its allies need to rebuild inventories of fighter jets, missiles and other hardware.
Category: Metals and Minerals
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China Allows Limited Exports of Rare Earths as Shortages Continue
Beijing has approved more export licenses for the critical minerals and magnets in recent days, but supplies remain scarce and factories in the West are running out.
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How Higher Tariffs on Steel and Aluminum Will Affect Companies
Home builders, car manufacturers and can makers are among those that will see higher prices for materials. Those companies could charge customers more.
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What to Know About China’s Halt of Rare Earth Exports
Since early April, China has stopped almost all shipments of critical minerals that are needed for cars, robots, wind turbines, jet fighters and other technologies.
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U.S. Dependence on China for Rare Earth Magnets Is Causing Shortages
The United States allowed its rare earth metals industry to move to China and could now face severe economic disruption as China limits crucial supplies.
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U.S. Pauses Exports of Jet Engine Technology and Chip Software to China
President Trump has stopped some critical products and technologies made only in the United States from flowing to China, flexing the government’s power over global supply chains.
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The Republican Tax Bill Could Sharply Slow E.V. Sales
The measure, passed by the House, would roll back incentives for people to buy electric vehicles and for automakers to make them in the U.S.
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Republican Bill to End E.V. Tax Credit Could Hurt G.M. and Ford
A House Republican bill introduced this week would do away with tax credits that had encouraged Americans to buy electric vehicles and automakers to invest in new factories.
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A Toxic Pit Could Be a Gold Mine for Rare-Earth Elements
Mining continues at the Continental Pit. Nearby is the Berkeley Pit, a site for acid mine drainage that poses an opportunity for extracting valuable metals.
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U.S. Payoff for Ukraine Minerals Deal Faces Many Hurdles
The agreement could provide a windfall to the U.S., but the resources will be expensive to extract, and any progress is unlikely while the war rages.
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Gold Price Sets Another Record as Trump’s Tariffs Unnerve Markets
President Trump’s tariffs and his attacks on the Federal Reserve continue to unnerve the markets, pushing investors away from the dollar and toward havens like gold.
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China’s Halt of Critical Minerals Poses Risk for U.S. Military Programs
The Pentagon and defense contractors are heavily reliant on magnets and rare earth minerals mined or processed in China, which has suspended exports of the materials in an escalating trade war.