China's Rare Earth Grip Persists Despite Diplomatic Easing

China's rare earth export restrictions remain in force, a U.S. business group warned June 10, 2026—despite Beijing's suspension of its harshest October 2025 curbs and pledges of cooperation. The April 2025 licensing regime stays intact, leaving defense, semiconductor, and EV manufacturers facing supply shortages. Alternative sources in Australia and Africa have yet to fill the gap.