CHINA ANNOUNCES MORE CURBS ON RARE-EARTH TECH

China, which virtually holds a monopoly over rare earth materials, on Thursday announced further export controls for mining and processing the minerals, alleging that unnamed foreign firms are using its supplies for military purposes. China’s Commerce Ministry said that it would impose export control measures with immediate effect on technologies related to rare earths.

- Press Trust of India

Exports of technologies and their carriers related to rare earths mining, smelting and separation, as well as metal smelting, magnetic material manufacturing, and the recycling and utilisation of rare earths from secondary sources, will not be permitted without approval, it said.