Rare-Earth Market Reacts to China-U.S. Export and Sanction Delays

China has announced a one-year suspension of its planned export controls on rare earths, following a trade truce between the US and China at a summit in Seoul. This pause delays measures that would have expanded control over rare earth exports and products containing Chinese rare earths, providing more time for global efforts to develop alternative supply sources and reduce dependence on China. The move is part of broader negotiations and strategic responses by Western nations to China's dominance in critical minerals.