Rare Earth Prices Surge Eightfold After China's Export Controls

China's rare earth export controls, enacted April 2025, have pushed dysprosium prices eightfold and terbium fivefold on international markets, with Japanese companies particularly squeezed as China restricts dual-use exports to Japan following geopolitical tensions. Domestic Chinese prices remain stable, creating a two-tier market.

This Wire brief sits within Fusion42's coverage of Semiconductors and Advanced Materials. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.