TOKYO -- A rise in prices for rare-earth metals is starting to broaden beyond minerals subject to Chinese export restrictions, as the U.S. holds onto its resources amid ongoing trade tensions.
Commodities
Rare-earth prices soar beyond China restrictions as US hoards magnet materials
Used in EVs, neodymium-praseodymium hits highest level since 2023
MP Materials extracts neodymium-praseodymium at its Mountain Pass mine in California, the only rare-earth mine in the U.S. © Reuters
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