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Story summary
- U.S. President Donald Trump met Chinese President Xi Jinping in Washington to discuss rare-earth export restrictions.
- U.S. rare-earth output of the two most-used elements has tripled since Trump returned, covering only 42% of demand.
- Benchmark Mineral Intelligence projects the United States will still import nearly 25% of its rare-earth needs within five years.
- China agreed to delay rare-earth export restrictions until November 10.
