Supplier aims to provide rare earths to EU, discusses China's export regulations
The Guardian · September 20, 2026Original source ↗
What happened
Rafael Moreno, head of a mining company that has opened a demonstration plant in Brazil, expressed the need to reduce China's dominance in rare earths, essential for various technologies. As leaders Donald Trump and Xi Jinping prepare for a summit, Moreno is advocating for negotiations to ease China's export restrictions on these materials.
Why it matters
Changes in the supply of rare earths could impact industries ranging from automotive to defense, affecting global markets and technological advancements.
How this story affects people
How does this story affect you if you work in the automotive or defense industries?
Changes in the supply of rare earths could directly impact production costs and availability of essential components for vehicles and military equipment. If China eases its export restrictions, it could stabilize supply chains and potentially lower prices for these critical materials.
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