Rare Earths and the Magnet Crisis: Europe Confronts a Strategic Dependence Reshaping Its Relationship with China

The end of 2025 and the beginning of 2026 marked a quiet yet decisive turning point for European industry. A supply crisis affecting permanent magnets essential components derived from rare earth elements has exposed a long-underestimated structural weakness: Europe’s heavy dependence on China for materials that are critical to the energy transition, the automotive industry, […]