China tightens rare earth export controls, targets defence, semiconductor users

Core Viewpoint - China has tightened its export controls on rare earths, specifically targeting processing technology and limiting exports to defense and semiconductor sectors [1][3]. Group 1: Export Controls - The Ministry of Commerce has announced that exports of technology used for mining and processing rare earths, as well as associated magnets, are now barred without permission [2]. - The new rules expand upon previous restrictions, although it remains unclear what additional measures will be implemented [2]. Group 2: Specific Restrictions - Licenses for exporting to defense companies and certain semiconductor users are unlikely to be granted under the new regulations [3]. - Chinese companies are prohibited from collaborating with overseas firms on rare earths without prior approval from the Ministry of Commerce [3].