Japan Faces Critical Rare Earth Shortage as China Restricts Exports

AI-generated NewsSnap summary based on source reporting.
Published: 2026-10-20
Category: world
Source: Financial Times

Japan is reportedly 'months' away from running out of critical rare earth elements, as China continues to squeeze supply through export controls. This situation highlights China's dominance in the rare earth supply chain and its use of this leverage in response to trade disputes and geopolitical tensions, posing a systemic risk to the world economy.

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