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#Beijing expanded its export restrictions to 7 #rareearth elements and magnets vital for #EVs, #windturbines and fighter jets in early April in retaliation for US President Trump’s steep #tariffs of 145% on #China -
chart @financialtimes.com https://www.ft.com/content/b8269eff-b60a-435f-8e85-43f9fa36f9c2
#rare earth metals are commonly found in the earth’s crust but are difficult to extract at low cost and in an #environmentally friendly manner, with #China commanding a near #monopoly on heavy rare earths processing.