"New regulations announced by the country's Ministry of Commerce "to safeguard national security" formalise existing rules on processing technology and unauthorised overseas cooperation. China is also likely to block exports to foreign arms manufacturers and some semiconductor firms. Rare earth exports are a key sticking point in the months-long negotiations between Beijing and Washington over trade and tariffs. The announcement comes as China's President Xi Jinping and his US counterpart Donald Trump are expected to meet later this month."
"China has been accused by the US and other Western countries of aiding Russia's war on Ukraine by allowing dual technology exports - materials that can be used for either civilian or military purposes - to be sent to Moscow. Beijing has repeatedly denied this. The latest announcement also clarifies the specific technologies and processes that are restricted. These include mining, smelting and separation, magnetic material manufacturing, and recycling rare earths from other resources."
China has tightened export rules for rare earths and related processing and manufacturing technologies to safeguard national security. The Ministry of Commerce formalised controls on processing technology, unauthorised overseas cooperation, and a requirement for government permission to export mining, processing, and magnet-manufacturing technologies. Licenses are unlikely to be issued to foreign arms manufacturers and certain semiconductor companies. Chinese firms are banned from cooperating with foreign companies on rare earths without government approval. China previously added several rare earths and materials to its export control list in April, causing shortages. The announcement clarifies restricted processes including mining, smelting, separation, magnetic material manufacturing, recycling, and equipment assembly and maintenance.
Read at www.bbc.com
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