A senior U.S. official stated that the U.S. and China may reach a rare earth protocol, and it is expected that China will ease export controls on the U.S.

On June 9, according to market news, National Economic Council Director Hassett stated that the U.S. hopes to reach a "handshake" agreement with China on the rare earth protocol in London, and it is expected that China will ease its export controls against the U.S., releasing a large amount of rare earths.

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