China’s rare earth halts: a lose-lose scenario for auto?
Back in April 2025, China announced that it was halting exports of seven rare earth elements (REEs): dysprosium, gadolinium, lutetium, samarium, scandium, terbium, and yttrium. The country accounts for 61% of the world’s rare earth production and 92% of its processing, according to the International Energy Agency (IEA). ING Research also notes that it maintains 51% of global reserves as of 2024.
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Originally posted on: https://www.automotiveworld.com/articles/chinas-rare-earth-halts-a-lose-lose-scenario-for-auto/