The fight for rare earth minerals is pitting the world’s two biggest economies in a race for global supremacy, and Canada is getting squeezed, says Washington political analyst Eric Ham in a column for CTVNews.

Executives and officials criticise US government deal to buy into country’s only producing rare earths company

The money will allow the business, with operations including a mine in California and a factory in Texas, to dramatically increase production of the magnets needed for fighter jets, electric vehicles,

Just four months into his tenure at the Pentagon, private equity billionaire Steve Feinberg has landed his first big deal: a $400 million bet on the US’s only miner of rare-earth elements, a key commodity in the rivalry with China.

China's rare earth export curbs disrupt India's electric vehicle (EV) ambitions, sparking urgent policy shifts and efforts to reduce dependency through domestic production and alternative sourcing.

China has put export restrictions on technologies critical for producing electric vehicle batteries, in a move to consolidate its dominance in the sector that has contributed to the country’s lead in the global EV race.

China's exports growth beat expectations in June as businesses continued to divert shipments to non-U.S. markets while shunning the U.S. despite a tariff reprieve.