Neha Mukherjee, Research Manager - Rare Earths; Bryan Bille, Principal Policy and Geopolitical Analyst (Chair) - Benchmark

Despite the recently agreed trade truce between China and the US in May 2025, licenses may still be required to export some REE and permanent magnets due to the export restrictions imposed by China in April 2025. Against this tense geopolitical background, Bryan Bille, Benchmark's principal policy and geopolitical analyst, and Neha Mukherjee, Benchmark's Research Manager for Rare Earths, examine what these export restrictions entail, shed more light on China's REE mining and processing market dominance, and go deeper into what this means for the REE supply chain in terms of pricing, supply, and diversification.