Rare Earth Showdown Hits Tesla, Defense Firms Hardest ...Middle East

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Rare Earth Showdown Hits Tesla, Defense Firms Hardest
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The global automotive industry could soon start reeling from one of China’s boldest moves in the trade war—restricting exports of several rare earth metals that are critical to the auto manufacturing, energy, and defense industries. Earlier this month, China, which dominates the global rare earth and critical minerals supply chain, announced it would curb its exports of dysprosium, gadolinium, scandium, terbium, samarium, yttrium, and lutetium. These so-called “heavy” and “medium” rare earth elements are mostly…

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