The list includes 17 rare earth metals needed to make magnets that convert energy into motion for use in electric cars, wind turbines and electronic devices.
The strengthening of China’s response to US trade restrictions is the result of a public inquiry by the Ministry of Commerce of the People’s Republic of China on the possible inclusion of technology for the production of samarium-cobalt, neodymium-iron-boron and cerium magnets. “Catalogue of Technologies Prohibited and Restricted for Export”.
In 2023, China is said to have significantly tightened rules governing exports of a range of metals as part of an escalating struggle with the West for control of critical minerals.
Source: Ferra
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