'Rare earth limits are concerning', says White House as China halts exports

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'Rare earth limits are concerning', says White House as China halts exports - Business Standard

Quick Summary:

Seven categories of these elements, such as samarium, gadolinium, terbium, dysprosium, lutetium, scandium, and yttrium, have been added to China’s export control list.

The US has just one rare earth mine, with most of its supply sourced from China.

This crackdown on exports is a retaliatory measure by China in response to the trade war initiated by President Trump.