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MOFCOM: China Tightens Grip on Rare Earth Exports, Imposes New Restrictions on Key Tech and Energy Materials
MOFCOM: China Tightens Grip on Rare Earth Exports, Imposes New Restrictions on Key Tech and Energy Materials
China announced new control and export restriction measures on materials and technologies related to rare earths — key resources for the digital, automotive and energy industries.
“Starting from November 8, items related to super-hard materials, equipment and raw materials linked to rare earths, the five medium and heavy rare earth elements including holmium, lithium batteries, and synthetic graphite anode materials will not be allowed to be exported without approval,” the Chinese Ministry of Commerce said in a statement.
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