The global market for rare earth metals is poised for sustained expansion over the next decade, driven by accelerating demand from electric vehicles, renewable energy systems, advanced electronics and defence applications, according to a new industry report released on Wednesday. The global rare earth metals market was valued at $18.2 billion in 2024 and is […]
India’s effort to build a domestic rare earth permanent magnet manufacturing base is moving from policy intent to early execution, as the government sharpens its focus on reducing import dependence and securing supply chains vital for electric vehicles, renewable energy, defence and advanced electronics. The Rs 7,280-crore incentive scheme to promote manufacturing of sintered rare […]
China’s repeated use of rare earth export controls over the past year signals a strategic shift in how Beijing views its leverage over the United States, according to Foundation for American Innovation fellow Farrell Gregory, who argues that these disruptions are no longer episodic shocks but part of an emerging pattern. In an analysis circulated […]
As China barred exports of so-called dual-use goods to Japan that could be applied to military ends, Japan has to urgently search for alternative sources and simultaneously explore its own rare-earth-rich mud from the deep seabed near the remote Minamitorishima Island, in a landmark experiment aimed at strengthening access to critical minerals amid growing geopolitical and […]
The rare earths sector moved decisively into the geopolitical and strategic spotlight in 2025, as governments and markets increasingly treated these minerals as critical assets rather than ordinary industrial inputs. The year opened with China reaffirming tight regulatory oversight of rare earth mining, refining and exports, underlining its continued dominance in a supply chain that […]
Demand for rare earth magnets is expected to grow steadily in 2026, led by EVs, renewables and defence. China’s dominance in refining will continue to be the main source of price volatility and supply risk. New supply outside China will expand gradually but is unlikely to ease market tightness in the near term. Geopolitics and […]
The global rare earth industry in 2025 entered a markedly different phase compared with a decade earlier, shaped by geopolitics, accelerating energy transition demand and sustained efforts to reduce dependence on China-dominated supply chains. What had once been a cyclical niche market increasingly took on strategic significance for governments and manufacturers alike. China remained the […]