EU Gets Tough With China And Russia Over Rare Earths, Ukraine Bloomberg.com Politics
European Union ministers have urged Brussels to take a “tough” response to China’s latest restrictions on rare earth exports. EU Trade Commissioner Maros Sefcovic said on Tuesday that he had requested a call with Chinese Minister of Commerce Wang Wentao to discuss the “unjustified” measures. He added that he had received “a lot of concerned calls from European industry, especially car companies”. Last week, Beijing announced further controls that meant products with small traces of rare earths... Politics
Europe Seeks Tough Response to China’s Minerals Restrictions Bloomberg.com Politics
The European Union is “worried” by China’s move to tighten restrictions on rare earth minerals, with senior figures saying the controls will compound the deterioration in trade relations that have only “worsened” since a leaders’ summit in July. On Thursday, China’s commerce ministry announced a sweeping “upgrade” of rare earth licensing requirements that have been in place since April, which will cover the export of technologies used to process the minerals. The move also tightens licensing... Politics
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