## Rare Earth Prices Rise in China Rare earth prices in China have been rising for the sixth consecutive quarter. This increase is placing renewed inflationary pressure on the supply chain. Rare earths are a set of 17 chemical elements used in numerous technological applications, including magnets, batteries, catalysts, and electronic devices. China is the world's leading producer of rare earths, controlling a significant share of the global supply. Therefore, price changes in China can have a significant impact on international markets. The price increase may be attributed to several factors, including increased demand, supply restrictions, and government policies. The consequences of this increase could include higher costs for manufacturers of goods that use rare earths, as well as increased inflation for consumers.