Rare earths buyers around the world will have to accept premium prices to get secure and stable supplies from outside China, according to the head of Australia’s Lynas Rare Earths Ltd., one of the few major producers of the key metals outside the Asian nation.

Lynas Rare Earths will build a new heavy rare-earth separation facility in Malaysia to meet demand from buyers looking to source the critical minerals from outside of China.

As the US and China edge toward another high-stakes showdown, Trump’s scramble for rare earths and soybean trade deals reveals the economic and political stakes stretching from American farms to Asian

Get live updates and the latest news as Trump concludes Asia trip after meeting Xi Jinping in South Korea and the government shutdown continues.