Overview
- Brussels confirmed high‑level technical meetings with China next week to address new restrictions on rare earths and magnets that have raised supply risks for Europe.
- China Rare Earth Group said it will strictly enforce government guidance on export controls, reinforcing Beijing’s resolve to tighten oversight of the trade.
- The Framework unveiled on October 20 commits each government to measures enabling at least USD 1 billion in financing within six months and sets up accelerated permitting, a ministerial investment meeting, and joint project selection.
- Officials and advisers highlighted de‑risking tools under consideration, including guarantees, loans, direct equity, offtake agreements, and price floors, with the recent DoD–MP Materials deal cited as a template.
- Australia’s central bank warned the outlook is “extremely uncertain” due to long project timelines and price risks, as debate continues over headline figures and early funding interest includes the Alcoa‑Sojitz gallium refinery and Arafura’s Nolans rare‑earths project.