China has been able to entirely cut off Europe and the U.S. from several critical rare earth metals. How did it develop such a stranglehold on an industry the U.S. once controlled?

It's the latest move to consolidate its dominance in the sector that has contributed to the country's lead in the global EV race.

Deutsche Bank analyst Corinne Blanchard raised her target price on the rare-earths stock to $67 a share from $20.

Just four months into his tenure at the Pentagon, private equity billionaire Steve Feinberg has landed his first big deal: a ...