BEIJING (Reuters) -China said on Thursday it would add several new rare earth elements to its export control list in a further tightening of its controls over the critical materials. The elements
China Tightens Export Controls on Additional Rare Earth Elements
Overview of China's Export Control Measures
BEIJING (Reuters) -China said on Thursday it would add several new rare earth elements to its export control list in a further tightening of its controls over the critical materials.
Newly Added Rare Earth Elements
The elements holmium, erbium, thulium, europium and ytterbium and related materials would be added to the existing control list, the ministry of commerce said in a statement.
Licensing Requirements for Exporters
In a separate release at the same time, the ministry also added dozens of pieces of rare earth processing equipment to the control list.
Impact on Global Supply Chain
Exporters will need to apply for licences before exporting any of the items from China.
(Reporting by Lewis Jackson in Beijing. Editing by Sharon Singleton and Mark Potter)
