China bans export of rare earth processing tech over national security:
China, the world's top processor of rare earths, on Thursday banned the export of ...
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China bars technology exports for rare-earth magnetsThe measure adds to an existing ban covering technology used to extract and separate the critical materials.
- On December 21, China banned exports of rare-earth magnet technology; a ban on extraction and separation technology already existed.
- It covers technology for samarium-cobalt, neodymium-iron-boron and cerium magnets, as well as rare-earth metals and calcium oxyborate.
- The catalogue identifies protecting national security and the public interest as objectives.
- China accounts for nearly 90% of global refined output; Europe and the United States seek to reduce dependence.
This should be a clarion call that dependence on China in any part of the value chain is not sustainable.— Nathan Picarsic, co-founder of Horizon Advisory
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making, modification, usage, and knowledge of tools, machines, techniques, crafts, systems, and methods of organization, or tools and techniques so created
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trib.al Dec 25 23
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China bans export of rare earth processing tech over national security: China, the world's top processor of rare earths, on Thursday banned the export of ...
reut.rs/479apix
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