China tightens export controls on rare earth minerals once again

Since the competition to faster semiconductor is intensified, China has once again adopted export controls with rare earth minerals as well as related excavation and purification technology.

The country’s trade ministry said on Thursday that it adds five rare earth material to the total 12 export control list for “national security protection”. The ministry introduced an export license that if foreign manufacturers could plan to export products that even a small amount of Chinese-source rare earth minerals or technology for their mining from the country.

The ministry has said that defense agencies will not be granted export licenses, while the desire to use rare earth minerals to create semiconductor will be licensed on the basis of their separate review. Exports will be exempted from the requirements of licenses intended for humanitarian conditions such as emergency conditions and disaster relief.

As the world’s largest producer in the world, the rare earth is the world’s largest producer, especially in the United States, especially in the United States, which has threatened to increase the scope of chipmeting equipment and chips, which is not allowed to export to China. Rare earth minerals are critical in various industries, from battery to chipming and space for solar panels and electric vehicles.

China’s new restrictions are a mirror in the United States Foreign Direct Product RuleWhich last year was expanded by the Biden administration because the United States tried to restrict export of chipmeting equipment to China from foreign countries. The announcement on Thursday has added several rare earth minerals to its export control list in retaliation for Trump’s tariff after Beijing in April, spreading a major global deficit.