China could stop exporting rare earth products to the US
Photo: Internet
Published at: 13/04/2025 11:30 PM
China has suspended exports of a wide range of rare minerals and magnets, RT reported, citing a report in The New York Times.
The decision threatens to interrupt the delivery of essential components for companies in the automotive, aerospace, semiconductor manufacturers and military contractors around the world.
In this way, the suspension would affect shipments of magnets, which are essential for assembling a wide range of products, including cars, drones, robots and missiles. According to the media, these are magnets made from rare earths, 90% of which are produced in China.
According to the media, shipments have been paralyzed in several Chinese ports, while the Government of the Asian country is developing a new regulatory system, which, once implemented, could prevent access to the products in question for certain companies, including US military contractors.
Mazo News Team