China Restricts Rare Earth Tech Exports, Global Impact Looms

China, known for its dominance in rare earth production, has recently imposed restrictions on the export of technologies related to rare earth extraction and processing. This move has significant implications for global industries reliant on these essential materials.

The new regulations cover a spectrum of technologies crucial for rare earth production, impacting the international supply chain. This development raises concerns about the availability and pricing of rare earth elements, vital for various high-tech applications such as electronics, renewable energy, and defence systems.