What is the estimated economic risk to Western industries if China fully implements its rare earth export restrictions, according to the IEA?

According to the IEA, full implementation of China's rare earth export restrictions could put $6.5 trillion of downstream production outside China at risk — spanning the automotive, high-tech, defence, and energy sectors. The U.S. and Europe would account for nearly half of this economic impact.

How much downstream production outside China is at risk if China’s graphite export controls are fully implemented, and what is China’s global share of processed graphite output?

If China’s graphite export controls are fully implemented, about $300 billion of downstream production outside China could be at risk. China accounts for more than 90% of global processed graphite output.

China's Rare Earth Curbs Endanger $6.5 Trillion of Western Industry, IEA Says

Jul 15, 2026

The IEA warns that full implementation of China's rare earth and graphite export controls could jeopardize $6.5 trillion in Western downstream production. Public financing for alternative supply chains has surged, potentially reducing China's global market share to 70% by 2035.

reuters

2026-02-02

IEA Forecasts Record European LNG Imports in 2026

2026-03-12

IEA Projects Global Oil Supply Drop of 8 Million Barrels Daily Amid Middle East Conflict

2026-04-09

Rare Earths Capacity Outside China Must Expand to Meet Magnet Demand – IEA

2026-04-16

IEA Says Middle East Energy Output Loss Will Take Two Years to Recover

2026-04-19

Global 2025 Power Demand Rose as EV, Data Centers Grew, IEA Says