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The rare earths market is experiencing a period of significant volatility, driven primarily by China’s recent export restrictions. These restrictions, which came into effect on October 1, 2024, have already led to an 8.33% increase in the prices of many critical resources. China’s Dominance and the Impact of Export Restrictions China is the world’s leading producer of rare earth elements…
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The New Oil? Rare Earths Spark Global Power Play
The rare earths market is experiencing a period of significant volatility, driven primarily by China’s recent export restrictions. These restrictions, which came into effect on October 1, 2024, have already led to an 8.33% increase in the prices of many critical resources. China’s Dominance and the Impact of Export Restrictions China is the world’s leading