China imposes export controls on some medium and heavy rare earths

China has imposed export controls on key rare earth materials, including terbium, dysprosium, and neodymium-iron-boron (NdFeB) magnets. This move could significantly impact the US automotive and wind turbine sectors, which rely heavily on these materials. With limited domestic production, the US faces potential shortages and supply chain disruptions. We explore the implications of these controls, assess the US's current reliance on Chinese imports, and examine potential alternative sources and domestic production capabilities. The insight also considers the broader context of escalating US-China trade tensions and their effects on the global rare earth market.