A diplomatic breakthrough with China is the only short-term fix for easing the shortage of rare-earth magnets, a top executive at one of the largest auto components maker said, as the exports curbs by the East Asian nation chokes the production of electric vehicles.

Nintendo’s Switch 2 videogame machine uses a rare-earth magnet to attach its hand-held controllers to the main console, according to a teardown.

The U. S. is opening its first new Wyoming coal mine in decades to extract both coal and critical rare earth metals, inching the country closer to the Trump administration’s energy independence goals.

China Northern Rare Earth and Inner Mongolia Baotou Steel Union — two of China's top rare earth producers — announced a price hike for third-quarter 2025 rare earth concentrates to CNY19,109 (approx.

China signaled it would approve the export of rare earth minerals in a statement Friday hours after White House officials said that the US and China had signed a trade agreement to work out tensions linked to US access to the key material.

In the chaos of war, there’s nothing to stop Chinese firms from ravaging the landscape and extracting the minerals, which end up in China.