Even as China signals it may issue more export permits for Europe and the United States, its tight grip on rare earth metals looks unlikely to loosen anytime soon, analysts warn. Three companies listed in Shenzhen announced this month that Beijing had approved their applications to ship magnets made with rare earths,

A tentative deal reached in London gives Beijing continued leverage in trade negotiations.

President Donald Trump said on Wednesday the U.S. deal with China is done, with Beijing to supply magnets and rare earth minerals while the U.S. will allow Chinese students in its colleges and universities.