China Demands More Information on Rare Earth Exports

by | 7. Nov 2023 - 08:44 | Politics

The Chinese Ministry of Commerce has issued new rules for exporting rare earths, reports the South China Morning Post SCMP (paywall). In the future, exporters will have to provide a whole range of information, such as the date of the purchase contract, as well as shipping and arrival data. This information will be treated confidentially, the newspaper reports further. According to the SCMP, these are not entirely new regulations but updates to the rules in force since 2022. Similar instructions have been issued for the import of crude oil, iron ore, copper ore concentrates, and potash fertilizers. No further requirements – such as export licenses, as have been in place for gallium and germanium since this August – are currently announced.

Foto: iStock/tcly

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