Reported about 10 hours ago
China has granted export permits to four rare earth magnet producers, including suppliers to Volkswagen, marking the first approvals since recent shipment restrictions. The permits indicate that critical materials will continue to flow, with licenses issued for customers primarily in Europe and Vietnam. This development comes shortly after China imposed restrictions on rare earth elements in response to U.S. tariffs, signaling a possible easing of trade tensions.
Source: YAHOO