Global automakers are scouring the globe for crucial rare earths ahead of looming Chinese export controls, with executives worried they could lead to parts shortages and plant closures. Rare earth magnets power motors in car parts such as side mirrors,

As Beijing weaponizes its dominance over rare earths supplies, US President Donald Trump is cutting deals to try to break the stranglehold. But his claim that America will have an abundance of the critical minerals in just one year’s time may be a fantasy.

Rare earth elements (REEs) are vital to production in sectors such as clean energy, defense and automobiles. These days, they are at the center of

Goldman Sachs flagged mounting risks to global supply chains of rare earths and other critical minerals, emphasising China's dominance in mining and refining, and outlining challenges for nations seeking to build independent supply chains.

China leads the world when it comes to the production and processing of rare earths. That may be a key weapon in its trade battle with the U.S. — and its move to expand export restrictions on those elements shows that China knows it.

Trump predicted he would reach a 'fantastic' trade deal with China's President Xi Jinping, despite disputes about tariffs and rare earths.