Russian envoy Kirill Dmitriev stated on October 17, 2026 that Russia will continue to supply the United States with key resources such as uranium, fertilizers, aluminum, and rare earth metals. Dmitriev noted that the Russian side is discussing a range of projects with the American side, and emphasized that these supplies are of significant importance to both sides.
Tesla CEO Musk said that China's restrictions last year on exports of magnets used in electric motors delayed Tesla's Optimus robot project by about two to three months. Musk noted that Tesla currently faces a shortage of robot arms, and stressed that the company must ensure it can build robots domestically in the United States even if supply chains are cut off, to guard against potential supply risks.
According to a Reuters report on October 14, internal EU documents show that the EU is seeking to strengthen its relationship with Vietnam to secure supplies of critical minerals such as tungsten and rare earths, diversify supply sources, and reduce its dependence on China in the face of export restrictions.
He Lifeng led economic, trade, and technical bureaucrats at the JPMorgan Chase headquarters building in New York to hold round-the-clock talks with US officials for days, negotiating the deadline for rare earth deliveries and terms for soybean procurement quotas.
On September 20, 2026, US Treasury Secretary Bessent and US Trade Representative Greer held talks with Chinese Vice Premier He Lifeng at JPMorgan Chase headquarters in New York. The two sides discussed issues including trade, artificial intelligence safety, and rare earth supplies, preparing for the Trump-Xi summit to be held next week.
It was reported on September 15 that Beijing planned to seek an extension of the US-China trade truce until the end of Trump's term ahead of the Trump-Xi meeting on September 24. However, due to China's failure to fully fulfill its rare earth export commitments, the US side was only willing to renew it for 6 months and demanded that China ease its rare earth restrictions on Japan.
On September 16, while delivering the State of the Union address before the European Parliament, von der Leyen announced that a European Critical Raw Materials Company would be established to coordinate the procurement and stockpiling of critical minerals, in order to reduce the EU's dependence on China for rare earths and other critical minerals.
On September 10, the US Department of Energy convened a high-level meeting in which US and Japanese government officials and corporate representatives discussed supply bottlenecks for yttrium and permanent magnets; yttrium is used in heat-resistant coatings for aircraft engines, power generation equipment, semiconductor manufacturing equipment, and other fields. The outcome of the meeting was not disclosed.
U.S. Treasury Secretary Bessent and Trade Representative Greer held a video call with Chinese Vice Premier He Lifeng, urging Beijing to fully honor its rare earth and agricultural product commitments.