Source: Reuters (via feed)
Suppliers to U.S. aerospace and semiconductor companies are facing worsening shortages of rare earth materials. According to industry insiders, two suppliers have begun turning away some clients because of these shortages. This development comes weeks before a planned summit between U.S. President Donald Trump and Chinese President Xi Jinping in Beijing. Despite a recent trade truce, rare earth supply constraints persist. These materials are critical for manufacturing in aerospace and chip production. The shortage could affect production schedules across these sectors. Meanwhile, efforts to ease tensions have yet to resolve supply chain issues. The limited availability of rare earth elements remains a challenge for U.S. manufacturers relying on these key materials.
Rare earth shortages impact critical supply chains in aerospace and semiconductor industries, key sectors for U.S. manufacturing and defense.
