What to know about China’s new regulations on rare earths

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China released new interim measures Friday tightening controls on mining and processing of rare earths that are used in many high-tech products including electric vehicles, smartphones and fighter jets.

The rules released Friday by the Ministry of Industry and Information Technology apply both to rare earths originating in China and those that are sent to China for refining.

They require companies to comply with quotas for various minerals. Companies must have government approval to deal with rare earths and must accurately report the amount of rare…



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What to know about China’s new regulations on rare earths



China released new interim measures Friday tightening controls on mining and processing of rare earths that are used in many high-tech products including electric vehicles, smartphones and fighter jets.

The rules released Friday by the Ministry of Industry and Information Technology apply both to rare earths originating in China and those that are sent to China for refining.

They require companies to comply with quotas for various minerals. Companies must have government approval to deal with rare earths and must accurately report the amount of rare…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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