Rare Earth Price Gap Flags Supply Strains Ahead of Trump-Xi Meet
AI Summary
Rare-earth elements are trading at exceptionally high prices outside China compared with domestic Chinese prices, signaling strain in global supply. The price gap is intensifying efforts to secure strategic metals ahead of a possible meeting between US President Donald Trump and Chinese President Xi Jinping.
A global rush to secure strategic metals is taking on new urgency ahead of a possible meeting of the US and Chinese leaders this month, with rare-earth elements now trading outside China at enormous multiples of their domestic value.
World Politics Markets Commodities rare earths strategic metals supply constraints China United States Trump-Xi meeting price gap