#China bans export of rare earth processing tech over national security

China, the world’s top processor of rare earths, on Thursday banned the export of technology to extract and separate the strategic metals, in a further step towards protecting its dominance in several strategic metals.

The commerce ministry sought public opinion last December on the potential move to add the technology to its “Catalogue of Technologies Prohibited and Restricted from Export”.

It also banned the export of production technology for rare earth metals and alloy materials as well as technology to prepare some rare earth magnets.

Read more at: https://www.reuters.com/markets/commodities/china-bans-export-rare-earths-processing-technologies-2023-12-21/

Leave a comment