Data Brief

Aug 2026 status: CRMA 10/40/25 benchmarks unchanged, 60 Strategic Projects (Lift One cancelled), second round undecided, 16 of 27 states with one-stop shops — and China’s Nov 10 cliff. What buyers should do now.

Aug 2026 update: China’s April 2025 yttrium export licensing is still in force, US-bound yttrium oxide hit zero in May–June 2026, ex-China prices run 55–150× China’s, and no new non-Chinese supply arrives before 2028.

Myanmar disruptions and Chinese heavy rare earth controls are tightening dysprosium supply for EV motors, wind turbines, and defense magnets.

The Pentagon’s 920 lb figure vs Adamas’ 2026 audit (11–20 kg pure REE, ~23 kg SmCo alloy) — and why grades matter more: Chinese licensing since April 2025 and the US mine-to-magnet ban from 1 Jan 2027.

Aug 2026: the funded non-Chinese gallium and germanium projects — Alcoa Wagerup, Metlen, Korea Zinc, Teck Trail, 5N Plus — ranked by deliverability, with prices and China’s Nov 27 cliff.