(Reuters) -Shares of U.S.-listed rare earth miners slumped before the bell on Monday after Washington and Beijing reached a framework for a trade deal that could pause planned U.S. tariffs and Chinese export controls on critical minerals,

China’s far-reaching rules already affect manufacturers of semiconductors, cars and many other products. They will soon become much broader.

The White House is considering banning exports to China of all items that were made with or contain U.S.-made software in response to China’s announcement of rare earth export controls. According to Reuters,

IEA indicates that Malaysia is critical for future rare earth refining and ASEAN and Austrlia have critical mining, reserves and refining of rare earths.

President Donald Trump called China's rare earth export controls a 'bad moment' as both countries navigate tensions over critical defense materials, and potential tariff increases.

(Reuters) -Australia's Lynas Rare Earths said on Wednesday it would set up a new heavy rare earth separation facility in Malaysia for around A$180 million ($116.96 million) to meet strong market demand for oxides sourced outside China.

Share of rare earth stocks are trading lower Monday amid potential U.S.-China negotiations that could delay export controls.

China will make “substantial” purchases of US soybeans, Treasury Secretary Scott Bessent said Sunday after talks with Chinese counterparts, in a sign that the relations are thawing ahead of a possible leaders’ meeting.