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Why Is This Rare Earth Metal 346 Times More Expensive In America Than in China?
In simple terms
Samarium sells for as much as 346 times more in North America than in China, and that price is an indication of what American industry would pay if Beijing stops exporting. Jet engines, industrial motors, EVs, wind turbines and medical scanners all use rare earth magnets, and most U.S.
The News
Samarium reportedly trades at up to 346 times the Chinese price in North America, according to the article. The piece says rare earth magnets are used in jet engines, industrial motors, EVs, wind turbines, and medical scanners, and warns U.S. industry could face steep costs if Beijing halts…
Earlier coverage
Earlier coverage on GreyNews
- Beijing blasts US ban on device testing in China, warns of supply chain disruptionsOct 31, 2026 · South China Morning Post
- China slams EU’s potential new trade safeguards, says they may violate WTO rulesOct 29, 2026 · South China Morning Post
- China’s Green Exports Enough to Offset Brazil’s Emissions: CREAOct 29, 2026 · Bloomberg
- South Korea’s chipmakers are raking it in. Can China close the gap?Oct 29, 2026 · South China Morning Post
- EU plans high-level China currency talks as fears of new trade shock mountOct 28, 2026 · South China Morning Post
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