Japan's Rare Earth Preparedness Limits China's Export Leverage
9 hours agoBusiness
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1 SourcesBeijing, China
TBNthebalanced.news
Japan's Rare Earth Preparedness Limits China's Export Leverage

China's threat to restrict rare-earth magnet exports, crucial for technologies like EVs and wind turbines, may be less effective against Japan. Following a 2010 threat, Japan diversified its supply chains and built stockpiles, making it resilient. While China dominates neodymium magnet production, Japan is a major manufacturer of the remainder. Previous Chinese export restrictions impacted European and Indian manufacturers, but Japan's preparedness suggests it may withstand such measures.

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