China Halts Exports of Critical Minerals: Global Tech & EV Supply Shock
China suspends key mineral exports essential to electric and tech industries. What it means for Chile and how to prepare for supply chain disruption
https://www.reuters.com/technology/china-halts-rare-earth-exports-2025-06-04
6/4/20251 min read
On June 4, 2025, China made a game-changing move by suspending exports of critical minerals—including rare earths vital for electric motors, solar panels, semiconductors, and medical devices. The decision, fueled by rising geopolitical tensions with the U.S., triggered global alarm in industries reliant on high-tech components.
Major companies like Tesla, Apple, and Siemens have reported supply chain disruptions, while prices of elements like neodymium, dysprosium, and terbium skyrocketed by up to 80% across Asian markets. The impact also strikes emerging sectors like EVs and clean energy.
In response, several governments are tapping into their strategic reserves, further tightening global availability. The rush to secure alternative contracts has created fierce competition, risking delays and rising costs for everyone.
📊 For Chilean Importers:
Urgent need to identify alternative suppliers in Latin America, Africa, or Australia.
Adaptation of logistics chains to new routes and sourcing realities.
Strategic opportunity for Chile to offer lithium or replacement tech inputs.
🚀 If your business depends on electronic or high-tech components, NexPort can help you build a reliable alternative sourcing and logistics plan. Let’s connect!