Starting Thursday, China has implemented severe restrictions on the export of rare earths, essential for industry, including the defense and semiconductor sectors. The Ministry of Commerce has expanded previously announced controls, imposing export licenses for recycling equipment and processing technologies. Users in the military industry will not receive licenses, and collaboration between Chinese companies and foreign firms requires ministerial approval. China controls 60% of global extraction and 90% of rare earth refining.
Sources
Latest News
20:28
Ukrainian President Volodymyr Zelensky asked European leaders for the advance payment of some tranches of financial assistance granted to Ukraine for defense.
20:12
Record drug seizure: 1.7 tons confiscated
20:10
Alaska, in the face of an unusual situation: Two candidates with the same name are fighting for a seat in the Senate
19:58
Poland, Lithuania, Latvia, and Norway have signed a 1.9 billion euro agreement for Piorun air defense systems, funded through the EU's SAFE program.
19:55
OpenAI warns: Cyber attacks with AI are becoming a dangerous reality
See more news