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Explained: China’s monopoly on rare earth minerals spooking the world; what does it mean for India & what is it doing?

IndiaTimes Tuesday, 10 June 2025 ()
China dominates rare earth metals, impacting nations like India. Restrictions on exports, especially germanium, worry industries. India's automotive sector faces challenges due to limited rare earth magnet supplies.
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Video Credit: Oneindia - Published
News video: U.S-CHINA TRADE DEAL:“IT’S DONE” Trump CLINCHES Massive Trade Deal With China | Rare Earths Sealed

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President Trump has announced the finalization of a major trade agreement with China, declaring "It's done." The deal includes upfront rare earth mineral supplies from China, a long-standing sticking point in talks. Surprisingly, China will face only 10% tariffs, while the U.S. will impose 55% on...

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