Beijing ramped up sweeping restrictions on rare earth exports on Thursday, expanding the list of minerals under control and extending curbs to target their production technologies and their overseas use, including for military and semiconductor applications.
China dominates the global processing of rare earths – essential in everything from everyday electronics to fighter jets. The latest move came as Beijing broadened its leverage in trade talks with the United States and ahead of an expected meeting between Chinese leader Xi Jinping and President Donald Trump on the sidelines of the APEC summit in South Korea later this month.
Under the new rules, Beijing further asserts its dominance in the sector by adding five rare-earth elements
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