{"id":22763,"date":"2025-08-12T09:05:37","date_gmt":"2025-08-12T08:05:37","guid":{"rendered":"https:\/\/www.bordier.com\/?p=22763"},"modified":"2026-03-30T04:06:57","modified_gmt":"2026-03-30T03:06:57","slug":"rare-earth-elements-chinas-strategic-dominance-and-the-u-s-response","status":"publish","type":"post","link":"https:\/\/www.bordier.com\/es\/rare-earth-elements-chinas-strategic-dominance-and-the-u-s-response\/","title":{"rendered":"Rare Earth Elements \u2013China\u2019s Strategic Dominance and the U.S. Response"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"22763\" class=\"elementor elementor-22763\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"has_ae_slider elementor-element elementor-element-8a9542e e-flex e-con-boxed ae-bg-gallery-type-default e-con e-parent\" data-id=\"8a9542e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e5ec2ba elementor-widget elementor-widget-heading\" data-id=\"e5ec2ba\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">\/ Monthly Market Update  - <em>August 2025<\/em><\/h5>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5aea53f elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"5aea53f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Rare Earth Elements - <em>China\u2019s <\/em>Strategic Dominance and the<em> U.S. Response<\/em><\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f0141ae elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"f0141ae\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\"><em>\u201cThe Middle East has oil, China has rare earths.\u201d - <\/em>Former Chinese leader Deng Xiaoping<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9ce1887 btn-red icon-right-arrow bg-grey elementor-widget elementor-widget-button\" data-id=\"9ce1887\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"\/wp-content\/uploads\/2025\/08\/Bordier-Monthly-update-August-2025-Report.pdf\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Download pdf<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"has_ae_slider elementor-element elementor-element-8bb2ceb e-flex e-con-boxed ae-bg-gallery-type-default e-con e-parent\" data-id=\"8bb2ceb\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"has_ae_slider elementor-element elementor-element-070d46f e-con-full elementor-hidden-mobile e-flex ae-bg-gallery-type-default e-con e-child\" data-id=\"070d46f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ab25fb7 elementor-toc--minimized-on-tablet elementor-widget elementor-widget-table-of-contents\" data-id=\"ab25fb7\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;headings_by_tags&quot;:[&quot;h3&quot;],&quot;exclude_headings_by_selector&quot;:[],&quot;marker_view&quot;:&quot;bullets&quot;,&quot;icon&quot;:{&quot;value&quot;:&quot;&quot;,&quot;library&quot;:&quot;&quot;},&quot;no_headings_message&quot;:&quot;No headings were found on this page.&quot;,&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;],&quot;sticky_offset&quot;:80,&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;minimize_box&quot;:&quot;yes&quot;,&quot;minimized_on&quot;:&quot;tablet&quot;,&quot;hierarchical_view&quot;:&quot;yes&quot;,&quot;min_height&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_widescreen&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;sticky_effects_offset&quot;:0,&quot;sticky_anchor_link_offset&quot;:0}\" data-widget_type=\"table-of-contents.default\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-toc__header\">\n\t\t\t\t\t\t<h4 class=\"elementor-toc__header-title\">\n\t\t\t\tTable of Contents\t\t\t<\/h4>\n\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--expand\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__ab25fb7\" aria-expanded=\"true\" aria-label=\"Abrir la tabla de contenidos\"><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-down\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z\"><\/path><\/svg><\/div>\n\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--collapse\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__ab25fb7\" aria-expanded=\"true\" aria-label=\"Cerrar la tabla de contenidos\"><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-up\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z\"><\/path><\/svg><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<div id=\"elementor-toc__ab25fb7\" class=\"elementor-toc__body\">\n\t\t\t<div class=\"elementor-toc__spinner-container\">\n\t\t\t\t<svg class=\"elementor-toc__spinner eicon-animation-spin e-font-icon-svg e-eicon-loading\" aria-hidden=\"true\" viewBox=\"0 0 1000 1000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M500 975V858C696 858 858 696 858 500S696 142 500 142 142 304 142 500H25C25 237 238 25 500 25S975 237 975 500 763 975 500 975Z\"><\/path><\/svg>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"has_ae_slider elementor-element elementor-element-bd2e846 e-con-full e-flex ae-bg-gallery-type-default e-con e-child\" data-id=\"bd2e846\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5621b7d elementor-widget elementor-widget-heading\" data-id=\"5621b7d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Insights<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d6e207 elementor-widget elementor-widget-text-editor\" data-id=\"2d6e207\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The current US-China trade war under President Trump\u2019s second term differs significantly from the first trade war (2018-2020) in both scope and strategy, particularly with the central role of rare earth elements (REEs). During the first trade war, broad-based tariffs were implemented on China, aimed on reducing trade deficits and addressing intellectual property theft. The scope includes mainly consumer goods, industrial products, and agricultural exports. In the current trade war, rare earths are now a front-line strategic asset, with direct impact on defense, EVs, humanoids and clean energy. China had imposed export restrictions on seven heavy REEs and permanent magnets, while US responded with tariffs exceeding 100% at one point on China EVs, semiconductors, and AI-related products.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eff1994 elementor-widget elementor-widget-heading\" data-id=\"eff1994\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">1. What Are Rare Earth Elements (REEs)?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-aaeb5b4 elementor-widget elementor-widget-text-editor\" data-id=\"aaeb5b4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Rare Earth Elements (REEs) are a group of 17 chemically similar elements critical to modern technologies. Despite their name, they are relatively abundant as compared to base and precious metals but rarely found in concentrated, mineable deposits. These elements possess unique magnetic, optical, and electrical properties, making them indispensable in high-tech, clean energy, and defense applications. As these metals are found together in nature and their properties are similar, separation into oxides is technically challenging.<\/p><p>REEs are divided into:<\/p><ul><li><strong>Light REEs (LREEs)<\/strong>: e.g., neodymium (Nd), praseodymium (Pr), cerium (Ce), lanthanum (La)<\/li><li><strong>Heavy REEs (HREEs)<\/strong>: e.g., dysprosium (Dy), terbium (Tb), europium (Eu), lutetium (Lu)<\/li><li><strong>Rare Earth Oxides (REO)<\/strong>\u00a0occur primarily as two types of ores, Bastnasite and Monazite. Bastnasite deposits in China and the United States constitute the largest percentage of the world\u2019s rare earth resources. Monazite deposits in Australia, Brazil, China, India, Malaysia, South Africa, Sri Lanka, Thailand, and the United States constitute the second-largest segment.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f815645 elementor-widget elementor-widget-image\" data-id=\"f815645\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.bordier.com\/wp-content\/uploads\/2025\/08\/worldminereserve.webp\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-title=\"worldminereserve\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MjI0NzcsInVybCI6Imh0dHBzOlwvXC93d3cuYm9yZGllci5jb21cL3dwLWNvbnRlbnRcL3VwbG9hZHNcLzIwMjVcLzA4XC93b3JsZG1pbmVyZXNlcnZlLndlYnAifQ%3D%3D\">\n\t\t\t\t\t\t\t<img alt=\"\" fetchpriority=\"high\" decoding=\"async\" width=\"966\" height=\"854\" src=\"https:\/\/www.bordier.com\/wp-content\/uploads\/2025\/08\/worldminereserve.webp\" class=\"attachment-large size-large wp-image-22477\" alt=\"\" srcset=\"https:\/\/www.bordier.com\/wp-content\/uploads\/2025\/08\/worldminereserve.webp 966w, https:\/\/www.bordier.com\/wp-content\/uploads\/2025\/08\/worldminereserve-300x265.webp 300w, https:\/\/www.bordier.com\/wp-content\/uploads\/2025\/08\/worldminereserve-768x679.webp 768w\" sizes=\"(max-width: 966px) 100vw, 966px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2fdd4af elementor-widget elementor-widget-heading\" data-id=\"2fdd4af\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">2. Applications of Rare Earth Today and in the Future<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cec39a6 elementor-widget elementor-widget-text-editor\" data-id=\"cec39a6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><strong>Current Uses<\/strong><\/p><ul><li><strong>Defense<\/strong>: Motors in aircraft and tanks, missile guidance systems, radar\/sonar, satellites, and lasers. An F 35 jet contains ~920 lbs of REEs.<\/li><li><strong>Automotive<\/strong>: EV motors, sensors, power steering, and braking systems. EVs use ~3 kg of REEs per car vs. 100 g in ICE vehicles.<\/li><li><strong>Electronics<\/strong>: Speakers, cameras, and mechanical components.<\/li><li><strong>Energy<\/strong>: Wind turbines and HVAC systems.<\/li><li><strong>Permanent Magnets:<\/strong> NdFeB magnets are the fastest-growing application, used in EVs, robotics, and renewable energy.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8c6038a elementor-widget elementor-widget-image\" data-id=\"8c6038a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.bordier.com\/wp-content\/uploads\/2025\/08\/graph2.webp\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-title=\"graph2\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MjI3NjcsInVybCI6Imh0dHBzOlwvXC93d3cuYm9yZGllci5jb21cL3dwLWNvbnRlbnRcL3VwbG9hZHNcLzIwMjVcLzA4XC9ncmFwaDIud2VicCJ9\">\n\t\t\t\t\t\t\t<img alt=\"\" decoding=\"async\" width=\"699\" height=\"1024\" src=\"https:\/\/www.bordier.com\/wp-content\/uploads\/2025\/08\/graph2-699x1024.webp\" class=\"attachment-large size-large wp-image-22767\" alt=\"\" srcset=\"https:\/\/www.bordier.com\/wp-content\/uploads\/2025\/08\/graph2-699x1024.webp 699w, https:\/\/www.bordier.com\/wp-content\/uploads\/2025\/08\/graph2-205x300.webp 205w, https:\/\/www.bordier.com\/wp-content\/uploads\/2025\/08\/graph2-768x1125.webp 768w, https:\/\/www.bordier.com\/wp-content\/uploads\/2025\/08\/graph2.webp 920w\" sizes=\"(max-width: 699px) 100vw, 699px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-78746cc elementor-widget elementor-widget-text-editor\" data-id=\"78746cc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><strong>Future Outlook<\/strong><\/p><ul><li>Humanoids &amp; Embodied AI: Each humanoid robot may require ~0.9 kg of REEs. By 2050, humanoids could drive up to $800 billion in cumulative REE demand.<\/li><li>Clean Energy Transition: Wind and solar technologies will increasingly rely on REEs for efficient energy conversion and storage.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f05b36f elementor-widget elementor-widget-heading\" data-id=\"f05b36f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">3. Chinas Dominance and Strategic Leverage<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-242ddf7 elementor-widget elementor-widget-text-editor\" data-id=\"242ddf7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>China possesses some of the world\u2019s richest rare earth deposits, especially ion-adsorption clays in southern China, whare are rich in heavy rare earth elements (HREEs) like dysprosium and terbium. China controls 65% of mined NdPr supply, 88% of refined NdPr, &gt;90% of NdFeB magnet production and &gt;99% of refined HREEs. This dominance is the result of decades of strategic planning, investment and policy execution, where it spans the entire supply chain \u2013 from mining to refining to manufacturing. Refining REEs is technically complex and environmentally hazardous. China has built extensive infrastructure and accepted the environmental costs, while other countries have been slower due to stricter regulations.<\/p><p>This dominance is not just economic it\u2019s strategic. China has used REEs as a geopolitical tool:<\/p><p>2010: Halted REE exports to Japan during a diplomatic crisis. 2019\u20132021: Threatened export controls amid trade tensions with the U.S.<\/p><p>2025: Imposed export controls on seven HREEs and permanent magnets, tightened export licenses, and implemented tracking systems to monitor end-use and prevent re-export.<\/p><p>China\u2019s control allows it to regulate global supply, influence pricing, and exert pressure in trade negotiations. Its infrastructure enables targeted restrictions and oversight, making REEs a calibrated tool of strategic influence.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-323749f elementor-widget elementor-widget-heading\" data-id=\"323749f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">4. U.S. Strategy to Reduce Dependence<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8d5e538 elementor-widget elementor-widget-text-editor\" data-id=\"8d5e538\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The U.S. has launched a multi-pronged approach to counter China\u2019s dominance:<\/p><p><strong>Policy and Funding Initiatives<\/strong><\/p><ul><li>Defense Production Act (DPA): $750 million allocated, including $439 million for REE projects.<\/li><li>Inflation Reduction Act (IRA): Offers 10% production tax credits and up to 30% capex funding for critical mineral projects.<\/li><li>DOE Loan Programs: Supports REE extraction and processing through clean energy financing.<\/li><li>Critical Materials Institute (CMI): Advances technologies for REE recovery, substitution, and recycling.<\/li><\/ul><p><strong>Domestic Production<\/strong><\/p><ul><li>MP Materials: Operating Mountain Pass mine and building a magnet facility in Texas.<\/li><li>USA Rare Earth: Developing the Round Top mine and a magnet plant in Oklahoma.<\/li><li>Noveon: Building refining and magnet capacity in Texas.<\/li><\/ul><p><strong>International Collaboration<\/strong><\/p><ul><li>Partnering with allies like Australia, Canada, and Brazil to diversify supply chains.<\/li><li>Brazil launched an $815 million Critical Minerals Fund in 2025 to accelerate REE development.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7798107 elementor-widget elementor-widget-heading\" data-id=\"7798107\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">5. Challenges\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fa91b87 elementor-widget elementor-widget-text-editor\" data-id=\"fa91b87\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Despite progress, the U.S. faces many hurdles. The first is refining bottlenecks. While the U.S. has rare earth mines, it lacks sufficient refining capacity. Therefore, most mined REE concentrates still need to be sent to China for processing. Second is the environmental and regulatory hurdle, as REE extraction and refining are environmentally intensive, involving radioactive byproducts and toxic chemicals. Third is the economic viability, where Chinese producers benefit from economies of scale, government subsidies, and lower labor costs. In view of all these hurdles, many experts suggest the U.S. may achieve substantial REE self-sufficiency by 2032\u20132035, but full independence will require sustained investment, innovation, and international cooperation.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a2b8f43 elementor-widget elementor-widget-heading\" data-id=\"a2b8f43\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">6. Investment Opportunities<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-94a4b6a elementor-widget elementor-widget-image\" data-id=\"94a4b6a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.bordier.com\/wp-content\/uploads\/2025\/08\/photo-1680463990599-9d318aaecf71.webp\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-title=\"photo-1680463990599-9d318aaecf71\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MjI1MjAsInVybCI6Imh0dHBzOlwvXC93d3cuYm9yZGllci5jb21cL3dwLWNvbnRlbnRcL3VwbG9hZHNcLzIwMjVcLzA4XC9waG90by0xNjgwNDYzOTkwNTk5LTlkMzE4YWFlY2Y3MS53ZWJwIn0%3D\">\n\t\t\t\t\t\t\t<img alt=\"\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/www.bordier.com\/wp-content\/uploads\/2025\/08\/photo-1680463990599-9d318aaecf71-1024x683.webp\" class=\"attachment-large size-large wp-image-22520\" alt=\"\" srcset=\"https:\/\/www.bordier.com\/wp-content\/uploads\/2025\/08\/photo-1680463990599-9d318aaecf71-1024x683.webp 1024w, https:\/\/www.bordier.com\/wp-content\/uploads\/2025\/08\/photo-1680463990599-9d318aaecf71-300x200.webp 300w, https:\/\/www.bordier.com\/wp-content\/uploads\/2025\/08\/photo-1680463990599-9d318aaecf71-768x512.webp 768w, https:\/\/www.bordier.com\/wp-content\/uploads\/2025\/08\/photo-1680463990599-9d318aaecf71.webp 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b527d1d elementor-widget elementor-widget-image\" data-id=\"b527d1d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.bordier.com\/wp-content\/uploads\/2025\/08\/img3.webp\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-title=\"img3\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MjI1MjgsInVybCI6Imh0dHBzOlwvXC93d3cuYm9yZGllci5jb21cL3dwLWNvbnRlbnRcL3VwbG9hZHNcLzIwMjVcLzA4XC9pbWczLndlYnAifQ%3D%3D\">\n\t\t\t\t\t\t\t<img alt=\"\" loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"418\" src=\"https:\/\/www.bordier.com\/wp-content\/uploads\/2025\/08\/img3-1024x418.webp\" class=\"attachment-large size-large wp-image-22528\" alt=\"\" srcset=\"https:\/\/www.bordier.com\/wp-content\/uploads\/2025\/08\/img3-1024x418.webp 1024w, https:\/\/www.bordier.com\/wp-content\/uploads\/2025\/08\/img3-300x123.webp 300w, https:\/\/www.bordier.com\/wp-content\/uploads\/2025\/08\/img3-768x314.webp 768w, https:\/\/www.bordier.com\/wp-content\/uploads\/2025\/08\/img3.webp 1214w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7fb6d0c elementor-widget elementor-widget-text-editor\" data-id=\"7fb6d0c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><strong>Disclaimer\u00a0<\/strong><\/p><p>The documents herein are issued for general information purposes only. Views and opinions contained herein are those of Bordier &amp; Cie. Its contents may not be reproduced or redistributed. The user will be held fully liable for any unauthorised reproduction or circulation of any document herein, which may give rise to legal proceedings. All information contained herein does not constitute any investment recommendation or legal or tax advice and is provided for information purposes only. Please refer to the provisions of the legal information\/disclaimer page of this website and note that they are fully applicable to any document herein, including and not limited to provisions concerning the restrictions arising from different national laws and regulations. Consequently, Bordier &amp; Cie does not provide any investment service or advice to US persons as defined by the regulations of the US Securities and Exchange Commission, thus the information herein is by no means directed to such persons or entities. \u00a9 2025 Bordier Group and\/or its affiliates.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Monthly Market Update &#8211; August 2025<\/p>\n","protected":false},"author":22,"featured_media":22517,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[19],"tags":[151],"news_country":[],"news_language":[38],"class_list":["post-22763","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-insights","tag-elementor-post","news_language-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bordier.com\/es\/wp-json\/wp\/v2\/posts\/22763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bordier.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bordier.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bordier.com\/es\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bordier.com\/es\/wp-json\/wp\/v2\/comments?post=22763"}],"version-history":[{"count":5,"href":"https:\/\/www.bordier.com\/es\/wp-json\/wp\/v2\/posts\/22763\/revisions"}],"predecessor-version":[{"id":23612,"href":"https:\/\/www.bordier.com\/es\/wp-json\/wp\/v2\/posts\/22763\/revisions\/23612"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bordier.com\/es\/wp-json\/wp\/v2\/media\/22517"}],"wp:attachment":[{"href":"https:\/\/www.bordier.com\/es\/wp-json\/wp\/v2\/media?parent=22763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bordier.com\/es\/wp-json\/wp\/v2\/categories?post=22763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bordier.com\/es\/wp-json\/wp\/v2\/tags?post=22763"},{"taxonomy":"news_country","embeddable":true,"href":"https:\/\/www.bordier.com\/es\/wp-json\/wp\/v2\/news_country?post=22763"},{"taxonomy":"news_language","embeddable":true,"href":"https:\/\/www.bordier.com\/es\/wp-json\/wp\/v2\/news_language?post=22763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}