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China Considers Banning Rare Earth Exports to the U.S.

By Wayne Ma
· · Source: Financial Times

China is considering banning rare earth exports that would be vital to the U.S. defense industry, the Financial Times reported. That move could have a wider impact on U.S. companies like Apple and Tesla that make smartphones or electric vehicles, which use rare earths for magnets and batteries. The newspaper said that China’s Ministry of Industry and Information Technology has been asking...

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