""Rare earths" are a group of elements that actually aren't rare, but are hard to find and expensive to mine. The elements also happen to be essential to many industries, including technology, automotive, and defense. Rare earths are critical to these industries because the elements are used in many of the most advanced electronic products made by companies in the above industries, including smartphones, electric vehicles, and missile systems."
"While the United States has its own rare earth deposits and extraction capabilities, China is one of the world's largest producers of rare earth materials, and disruption in the Chinese rare earths supply chain could have negative knock-on effects in the production of electronic equipment that U.S. companies and the military rely on. Rare earth stocks soar again After already rising on Friday in the wake of Trump's tariff threat, the stock prices of rare earth companies and adjacent mining"
President Trump threatened new tariffs on China of up to 100% in response to Chinese export controls on products containing rare earth elements. Rare earth elements are difficult and costly to extract and are essential to technology, automotive, and defense manufacturing, including smartphones, electric vehicles, and missile systems. China is a major global producer, and constraints on Chinese exports could disrupt supply chains and hinder production of electronic equipment relied upon by U.S. companies and the military. Investor expectations of supply shortages and policy shifts pushed shares of rare earth and related mining companies sharply higher in premarket trading.
Read at Fast Company
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