"Rare earth metals are commonly found in the earth’s crust but are difficult to extract at low cost and in an environmentally friendly manner, with China commanding a near monopoly on heavy rare earths processing. The “light” rare earths, such as neodymium and praseodymium, used in larger quantities in magnets have not been targeted, giving Beijing a “big threat vector” to expand controls if the trade war intensifies, said Cory Combs of Beijing-based Trivium, a consultancy. Beijing’s controls require exporters to gain licences for each shipment of material overseas and have expanded their scope to ban re-exports to the US. However, application of the curbs — which have covered a gradually expanding group of critical minerals since 2023 in response to US blocks on Chinese access to chip technology — has been far from universal. " The possible leverage by CHINA of Light Rare Earths could IMO focus interest on DRE and like miners
DRE Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)