Ganzhou, China: China has suspended exports of a wide range of critical minerals and magnets, threatening to choke off supplies of components central to car makers, aerospace manufacturers, semiconductor companies and military contractors around the world. Shipments of the magnets, essential for assembling everything from cars and drones to robots and missiles, have been halted at many Chinese ports while the Chinese government drafts a new regulatory system. On April 4, the Chinese government ordered restrictions on the export of six heavy rare earth metals, which are refined entirely in China, as well as rare earth magnets, 90 per cent of which are produced in China.
Author: Keith Bradsher
Published at: 2025-04-13 21:55:44
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