China Loosens Rare Earth Export Controls ...Middle East

OILPRICE - Economy
China Loosens Rare Earth Export Controls
source : OILPRICE ( Middle East ) () 35
China has eased its restrictions on exports of rare earth elements by approving “a certain number” of export licenses, its commerce ministry said on Thursday in what could be the beginning of eased access to rare earths for the global supply chains.    A certain number of applications has been approved, the ministry said, as carried by Reuters. However, China did not elaborate on whether U.S. firms have been granted licenses or how many applications have been approved.  “China will continue to strengthen the…

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