Rare-earth prices hover near record highs amid China export curbs

Critical industrial metals dysprosium, terbium up double from April

20250606N rare earths

China has wielded rare-earth materials as a powerful bargaining chip in response to U.S. tariffs. © Reuters

SHUGO YAMADA

TOKYO -- Prices of rare-earth metals remain close to record highs, elevated by sudden scarcity due to Chinese export curbs, with little relief expected soon on these critical materials for advanced industrial and defense applications.

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