Export Restrictions: Are China and the EU Moving Closer on Rare Earths?
Beijing and Brussels agree on new export mechanism — details and impact remain unclear.
Beijing and Brussels agree on new export mechanism — details and impact remain unclear.
Former mining sites are known to still contain key resources. They could help safeguard the domestic industry's supply, while creating jobs.
China has apparently allocated its first annual quotas for rare earth mining and processing without the usual public announcement.
Following the launch of an EU purchasing platform for critical raw materials, a bilateral partnership may follow to further consolidate demand and strengthen market leverage.
In addition to lifting the export duty, the resource-rich Central Asian country plans to temporarily ban the export of certain unprocessed metals.
China is tightening its export controls, requiring increasingly detailed scrutiny of the end-use for a growing list of raw materials.
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