China / Australia / US · Materials
Rare Earths & Magnets
China controls most rare-earth separation and magnet production and has used export licensing. Every motor, robot and drone depends on it.
Mine→Separation→Metal→Magnet
86
Tightness score ⓘ
#5 of 56
▲ Tightening
Lead time
36–72 mo
Theme 1M
−13.1%% in uptrend
0%Metric to watch
China export licence data, NdPr prices, and non-China magnet plant commissioning.
What would prove us wrong
Weakens if non-China separation and magnet plants reach nameplate on schedule.
Magnets theme performance
Equal-weight · rebased 100 · 1YStocks we track
Who controls this bottleneck
Roles, not recommendations. Delayed prices; local currency.
| Stock | Role | Listing | Last | 1D | 1M | 3M | YTD | Off 52w high | Trend | Next earnings |
|---|---|---|---|---|---|---|---|---|---|---|
| MP MP Materials |
US rare-earth mine and magnet plant | NYSE US |
$39.57 | −4.97% | −14.2% | −9.7% | −21.7% | −45.5% | 2026-11-05 | |
| LYC.AX Lynas Rare Earths |
Largest non-China rare-earth separator | ASX Australia |
A$12.10 | −7.14% | −4.3% | −19.1% | −2.7% | −45.2% | — | |
| 600111.SS China Northern Rare Earth |
Largest light rare-earth producer | SSE China |
¥34.21 | −3.06% | −8.6% | −13.3% | −25.6% | −45.0% | — | |
| ILU.AX Iluka Resources |
Rare-earth refinery under construction | ASX Australia |
A$5.80 | −1.69% | +1.2% | −10.8% | +1.1% | −31.9% | — | |
| NEO.TO Neo Performance Materials |
Magnet plant in Estonia | TSX Canada |
C$24.53 | −5.36% | −22.4% | −27.5% | +59.3% | −44.5% | 2026-11-10 | |
| USAR USA Rare Earth |
US magnet manufacturing | NASDAQ US |
$9.62 | −8.56% | −30.3% | −39.3% | −19.2% | −68.7% | 2026-11-05 |
Recent headlines
Auto-updated- 1-month shutdown at Lynas M’sian rare-earths plantKLSE Screener · 23h ago
- Lynas Rare Earths Limited (ASX:LYC): Kalgoorlie Processing and Rare Earth Supply Chain DevelopmentsKalkine · 37h ago
- Lynas expects one-month shutdown at Malaysian rare-earths plantKLSE Screener · 38h ago