China’s April controls on rare-earth permanent magnets—critical for EV motors—have triggered a reassessment of sourcing strategies. While some exports have resumed, supply security for European OEMs and Tier-1s remains uncertain. This Fastmarkets briefing sets the context across rare earths, graphite and other technology metals, and outlines practical steps to build resilience.

• Pricing impacts across key rare earths (using Fastmarkets assessments) and what recent moves signal for OEM cost bases
• Wider context: how export controls in other markets and materials (e.g., graphite and technology metals) are reshaping supply chains
• Lesser-known risks from export controls, including IP and technical-data transfer limitations
• What steps have been taken to secure alternative supply: diversification, offtakes, recycling, and emerging non-Chinese magnet capacity