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Tuesday, October 20, 2026Updated 06:10 UTC

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Robot Wars – How China Has the Robotics Industry in Its Grip

Source: OilPrice.com · Oct 20, 2026 00:41 UTC

Wall Street in New York's Financial District with flags hanging from buildings — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Last year, China started requiring export licenses for rare earth magnets. Within weeks, Elon Musk was telling investors that production of Tesla's Optimus robot had been affected. That's because every humanoid robot needs up to 4.5 kilos of rare earth magnets to move, and China makes more than 90% of the world's supply. It's exactly the problem REalloys (NASDAQ: ALOY) has been building to help so

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