Nintendo’s Switch 2 videogame machine uses a rare-earth magnet to attach its hand-held controllers to the main console, according to a teardown.

July 7 (Reuters) - China's export restrictions on rare earths brought parts of the global auto supply chain to a halt and U.S. President Donald Trump to the negotiating table. But at home, they're a big headache for companies already struggling with a slow economy.

A diplomatic breakthrough with China is the only short-term fix for easing the shortage of rare-earth magnets, a top executive at one of the largest auto components maker said, as the exports curbs by the East Asian nation chokes the production of electric vehicles.

Further bolstering domestic priorities, state-run IREL (India) Limited was directed in June 2025 to suspend a 13-year-old export agreement with Japan, redirecting rare earth supplies for local use to reduce reliance on Chinese imports. Also Read: '2026 Election Will Be Fought To Form A BJP-Led NDA Government': Amit Shah In Kerala

Union Minister for Coal and Mines G Kishan Reddy acknowledged India’s past reliance on China for critical rare earth supplies.

A drastic increase in unregulated production of rare earth minerals in Myanmar is causing serious environmental concerns downriver in Thailand, as China's influence in the sector looms large.

China Northern Rare Earth and Inner Mongolia Baotou Steel Union — two of China's top rare earth producers — announced a price hike for third-quarter 2025 rare earth concentrates to CNY19,109 (approx.

India is set to commence domestic production of rare earth magnets in Hyderabad, aiming to diminish reliance on Chinese imports. Union Minister G Kish