China lifts dual-use rare earth export ban on 28 US companies

6 hours ago 11

GlobalData

Thu, May 15, 2025, 4:15 AM 1 min read

China has temporarily suspended its prohibition connected the export of uncommon world elements and different dual-use items to 28 US companies, reported Bloomberg.

This determination is portion of a broader commercialized détente with the US, marking a imaginable easing of tensions betwixt the 2 economies.

China's Ministry of Commerce announced a 90-day suspension of restrictions that were initially acceptable retired connected 4 April and 9 April, targeting exports of dual-use goods to circumstantial US entities.

China added 16 US entities to its export power database connected 4 April, which was expanded to 12 much companies connected 9 April.

The export controls were placed connected definite mean and dense uncommon earths including dysprosium, gadolinium, lutetium, samarium, scandium, terbium and yttrium, which are important for assorted industries including defence and technology.

Although the ministry's latest connection did not specify the commodities, it is understood that 7 categories of uncommon earths, antecedently identified arsenic dual-use, are present unfastened for licensed export.

The suspension aligns with the caller bilateral statement betwixt China and the US to temporarily trim tariffs connected each other's products.

This archetypal large measurement backmost from the prolonged commercialized struggle was hailed by US President Donald Trump arsenic a "total reset" of the countries' relationship.

The 90-day intermission allows exporters of goods with imaginable subject applications to question export licences from the Ministry of Commerce.

In a related move, the Ministry of Commerce is besides lifting a commercialized and concern prohibition connected 17 US companies, further signalling a thaw successful the commercialized warfare that has impacted planetary economical stability.

"China lifts dual-use uncommon world export prohibition connected 28 US companies" was primitively created and published by Mining Technology, a GlobalData owned brand.


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