Semiconductors
Investors are betting on eased trade tensions following the high-stakes meeting between U.S. President Donald Trump and Chinese President Xi Jinping.
Rare Earths & Critical Minerals
Rare Earths & Critical Minerals
Supply chains and strategic minerals.
Top recent policy events
94CN2025-04-04
China HREE Export License Friction
MOFCOM export controls and license reviews tightened for medium and heavy rare-earth items, with downstream friction in Dy/Tb/Y and SmCo/NdFeB chains.
78US2026-01-14
U.S. Processed Critical Minerals Escalation
The White House proclamation escalated the U.S. processed critical minerals stack and kept tariffs or minimum import prices in play.
74EU2025-09-05
EU CRMA Strategic Project Acceleration
The European Commission advanced strategic projects across the critical-raw-materials value chain to strengthen domestic capability and diversify imports.
69US2025-10-01
DLA Strategic Magnet Stockpile Demand
The FY2025 Annual Materials Plan created direct bid support for NdPr oxide, NdFeB magnet block, and samarium-cobalt alloy.
36G72024-07-16
G7 Critical Minerals Coordination Layer
The G7 committed to monitor export controls on critical minerals, work against coercion, and accelerate coordinated initiatives such as MSP.
Material stress board
DyDysprosium
10099
Dy stress is driven by restrictive policy with component as the dominant stage.
TbTerbium
100100
Tb stress is driven by restrictive policy with component as the dominant stage.
SmSamarium
10086
Sm stress is driven by restrictive policy with magnet as the dominant stage.
DyTbDyTb Basket
100100
DyTb stress is driven by restrictive policy with component as the dominant stage.
SmCoSmCo Magnet Basket
10086
SmCo stress is driven by restrictive policy with magnet as the dominant stage.
YYttrium
9267
Y stress is driven by restrictive policy with magnet as the dominant stage.
NdNeodymium
06
Nd stress is driven by supportive policy pull with component as the dominant stage.
PrPraseodymium
06
Pr stress is driven by supportive policy pull with component as the dominant stage.
Key indicators
HREE Bottleneck Index
94.0
▲ +3.8 1d
Magnet Tightness Index
84.3
▲ +2.2 1d
Allied Midstream Buildout Index
56.8
▲ +1.1 1d
Government Bid Support Index
62.1
▲ +2.9 1d
China License Friction Index
94.0
▲ +4.5 1d
Policy Hawkishness Score
76.7
▲ +1.9 1d
Active alerts
CRITICALDyTb
Dy/Tb license friction remains above threshold
China license friction keeps heavy-REE separation and magnet alloy nodes in a critical state.
WARNINGmagnet-tightness
Magnet tightness is elevated
Magnet-stage tightness remains supported by DLA demand and heavy-REE license friction.
INFOMP
MP remains a first-order beneficiary
MP Materials screens as a first-order domestic beneficiary under the active U.S. policy stack.
Latest coverage
POLICY
Prediction markets suggest a high likelihood of major policy shifts during the U.S.-China talks.
Shipping Trade
Chinese exporters are more worried about the escalating Iran war than U.S. tariffs as Trump and Xi prepare to meet.
General
The agenda for the U.S.-China summit includes sensitive geopolitical issues that could influence trade and regional stability.
Energy
The diplomatic spotlight shifts to cross-strait tensions as the U.S. president signals a key agenda item for the high-stakes meeting.
Energy
The meeting between U.S. and Chinese leaders is expected to focus on the escalating conflict in Iran and its implications for global trade and supply chains.
REGULATORY
The ongoing Iran conflict is overshadowing key economic discussions between U.S. and Chinese leaders, potentially stalling progress on tariffs and rare earths supply chains.