China issues first batch of ‘general’ rare-earth export licences to magnet makers — country’s stranglehold over industry continues, but tensions are easing

, By Tom’s Hardware
China issues first batch of ‘general’ rare-earth export licences to magnet makers — country’s stranglehold over industry continues, but tensions are easing
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China has issued the first round of streamlined rare-earth export licences to at least three permanent-magnet manufacturers, allowing them to accelerate shipments to selected overseas clients after months of stricter controls.

Reuters reports that JL Mag Rare Earth, Ningbo Yunsheng, and Beijing Zhong Ke San Huan High-Tech received approvals tied to individual customers on December 2. Beijing began designing the new system following the October 30 meeting between Donald Trump and Xi Jinping, which aimed…



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China issues first batch of ‘general’ rare-earth export licences to magnet makers — country’s stranglehold over industry continues, but tensions are easing

, Published By Tom’s Hardware
China issues first batch of ‘general’ rare-earth export licences to magnet makers — country’s stranglehold over industry continues, but tensions are easing
Hardware


China has issued the first round of streamlined rare-earth export licences to at least three permanent-magnet manufacturers, allowing them to accelerate shipments to selected overseas clients after months of stricter controls.

Reuters reports that JL Mag Rare Earth, Ningbo Yunsheng, and Beijing Zhong Ke San Huan High-Tech received approvals tied to individual customers on December 2. Beijing began designing the new system following the October 30 meeting between Donald Trump and Xi Jinping, which aimed…



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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Previous News
There are still plenty of queen mattresses under $200 in the Amazon extended Cyber Monday sale — these 3 are well worth considering
Next News
YouTube Adds One More Year-End Recap, This Time for Your Viewing History
Tom’s Hardware

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