Overview
- Brussels confirmed high‑level technical meetings with Beijing next week under the EU–China Export Control Dialogue to address new restrictions on rare‑earths and magnets.
- China Rare Earth Group said it will strictly enforce government guidance on export controls, signaling firm implementation of Beijing’s expanded licensing regime.
- The US–Australia Critical Minerals Framework commits both governments to take steps within six months to provide at least USD 1 billion in financing for eligible projects.
- The framework outlines de‑risking tools such as accelerated permitting, ministerial coordination, joint priority‑project selection, and potential price floors or offtake arrangements.
- Australia’s central bank described the sector’s outlook as extremely uncertain, noting projects can take more than a decade and cautioning that headline figures such as USD 8.5 billion reflect disputed or largely private funding.