Source: China – South China Morning PostThe European Union is “worried” by China’s move to tighten restrictions on rare earth minerals, with senior figures saying the controls will compound the deterioration in trade relations that have only “worsened” since a leaders’ summit in July.
On Thursday, China’s commerce ministry announced a sweeping “upgrade” of rare earth licensing requirements that have been in place since April, which will cover the export of technologies used to process the minerals.
The move also tightens licensing…Read More