Critical Rare Earth Race To Accelerate As China Tightens Grip
Markit·2026-06-27·via All Articles on Seeking Alpha
Summary
China recently imposed export controls on two US rare earth producers.
Rare earth elements comprise a group of 17 metals, which are essential for high-performance permanent magnets used in EVs, wind turbines, industrial automation, consumer electronics and increasingly AI-related infrastructure.
Despite these investments, China remains the dominant force in the industry.
As new projects in the US and Australia come online and existing operators expand capacity, non-Chinese producers are expected to capture a growing share of industry revenues.
Olga Mikheeva/iStock via Getty Images
China recently imposed export controls on two US rare earth producers. The move targets MP Materials Corp. (MP) and USA Rare Earth Inc. (USAR), both at the center of US’ efforts to
