IEA Warns China's Rare Earth Export Curbs Threaten Western EV and Tech Sectors

The International Energy Agency (IEA) has issued a warning that China's increasing restrictions on rare earth exports could jeopardize $6.5 trillion worth of Western industries, including critical EV battery and motor manufacturing. These curbs underline growing concerns about the global supply chain's over-reliance on China for essential minerals needed in the energy transition.