Reported 2 days ago
China has announced new measures to regulate the mining, smelting, and separation of rare earth elements, further controlling its supply of these critical minerals. The updated quota system will now include imported raw materials, sparking concerns among companies about access to essential resources. This move highlights China's sensitivity to its dominance in the rare earth market, particularly after it added rare earth items to its export restrictions in response to U.S. tariffs.
Source: YAHOO