China's Rare Earth Export Curbs Could Mirror Antimony's 2,600% Price Spike

CommodityRegulation Impact 5
โดย Oilprice.com·Read original
Summary · why it matters

China's escalating export restrictions on heavy rare earths threaten to replicate the 2,600% price surge seen in antimony after Beijing banned its shipments, with U.S.-based REalloys positioning as a key non-Chinese supplier. Following antimony's spike from $1,400 to $38,000 per ton and a 97% drop in U.S. imports, China has imposed export licensing on seven heavy rare earth elements including dysprosium and terbium, and restricted rare earth processing technology. Terbium prices have already risen 103% this year, while non-Chinese dysprosium and terbium trade at three to four times Chinese domestic prices. REalloys holds an exclusive 80% offtake from North America's only non-Chinese heavy rare earth processing plant, operates a metallization facility in Ohio, and sources feedstock from the U.S., Canada, Brazil, Kazakhstan, and Greenland, avoiding Chinese inputs entirely. With Pentagon DFARS rules banning Chinese-origin rare earths from the defense supply chain starting January 1, 2027, and demand for rare earth magnets expected to triple by 2030, the company recently closed a $50 million offering to build the largest heavy rare earth metallization facility outside China and appointed a former Pentagon Chief of Staff as advisory board chair.

Impact on stocks 4

Defense & Geopolitical Fragmentation▲ · 3 stocks
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REalloys Inc.
ALOY
▲ PositiveSupplyrelevance

China's export curbs on heavy rare earths create supply gap; REalloys is positioned as key non-Chinese supplier with exclusive offtake and new metallization facility.

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