China’s Heavy Rare Earth Exports Still Down 50% as Controls Squeeze Allies Harder Than Official Figures Suggest

Chinese exports of dysprosium, terbium and yttrium remain roughly 50% below pre-restriction levels more than a year after Beijing's April 2025 controls, with Japan receiving just 4% of normal dysprosium volumes and yttrium prices up approximately 140-fold as Trump heads to Beijing for rare earth talks.