China Prepping Export Ban on Tech Needed to Process Rare Earth Metals
China is preparing an export ban on technology needed to process and magnetize rare earth metals, The Telegraph reported. These metals are used in advanced technology, including in high-performance magnets for electric vehicles and wind turbine motors. The news comes…
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after China's Ministry of Commerce floated alterations to its list of goods subject to export restrictions in 2022, according to an unofficial translation.