Reported about 9 hours ago
Following a recent trade truce, U.S. customers may find it easier to obtain export permits for rare earths from China, although a complete removal of existing restrictions is not anticipated. China implemented export controls in retaliation to U.S. tariffs, requiring all exporters to secure licenses. While the approval process could be expedited for U.S. clients, the broader restrictions remain in place as part of China's strategy to maintain control over critical minerals, essential for various sectors, including defense and technology.
Source: YAHOO