China has greenlit new export licenses for rare earth materials, responding to skyrocketing global demand driven by tech innovations like robotics and electric vehicles. The move comes as the Chinese mainland reaffirms its commitment to balancing international market needs with responsible resource management.
Why Rare Earths Matter
These elements are the 'secret sauce' behind everything from smartphones to wind turbines. With industries racing to meet climate goals, demand for medium and heavy rare earths has surged—and China controls over 60% of global production.
Licenses & Global Concerns
While approving new export permits, China's Ministry of Commerce emphasized its export controls are "lawful measures to maintain global stability". The statement addressed recent concerns from other countries about supply chain security, framing the approvals as proof of China's role in supporting sustainable growth.
Fun fact: A single electric vehicle uses up to 4 kg of rare earth metals!
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