China's rare-earth exports just hit a new low
China's rare-earth exports dropped to 6,173 tons in October 2025—the lowest since June.
These minerals are a big deal for making electric cars, high-tech gadgets, and even defense gear.
The dip comes as the US and China finalize the details of a trade truce, with both sides aiming to settle rare earth supply terms by the end of November.
What's behind the drop—and what's next?
China tightened controls on rare earths back in April, which shook up global supply chains—especially for industries relying on magnets.
Now, as part of the trade truce talks, there's a one-year pause on new restrictions and some temporary licenses for certain materials.
So while total exports this year are only down 4% compared to last year, everyone's watching closely as more detailed data rolls out soon.