IEA Sees $6.5 Trillion At Risk if China Imposes Rare-Earth Curbs

The International Energy Agency has issued a warning regarding China's rare earth export curbs. According to a report on rare earths and critical minerals, these restrictions could put $6.5 trillion of downstream production outside the country at risk each year if they are fully implemented. This significant financial threat specifically endangers Western industry, as the global supply chain for these critical minerals remains heavily dependent on Chinese exports and regulatory decisions regarding mineral availability.