China considering rare earth mineral export curbs to target US defence industry: report

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China controls 80% of the global supply of rare earth minerals. Photo: Reuters China may curb the export of rare earth minerals to USFighter jets such as the F-35 rely heavily on rare earths for critical components such as electrical power systems and magnetsThe export of 17 rare earth minerals in China control about 80% of global supply China is considering a curb on the export of rare earth minerals that are crucial to US defence contractors such as Lockheed Martin Corp for the manufacture of sophisticated weaponry and F-35 fighter jets, the Financial Times reported Tuesday.

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