China places new export controls on rare earth production technology

Source: China – South China Morning PostChina on Thursday announced export controls on rare earth production technology as it looks to cement its dominance in the sector amid intensifying rivalry with the United States.
“Exporters should strengthen their compliance awareness,” the Ministry of Commerce said in an online statement. “They must understand the primary uses of their exports and judge whether they are dual-use items.”
The decision will take effect immediately, according to the statement.
China is the world’s leading producer…Read More

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