China dominates the global supply chains for rare earths, essential in the manufacture of smartphones, wind turbines, military equipment and many other goods. -- PHOTO: REUTERS
BEIJING (Bloomberg): China on Friday (May 9) said it would crack down on the smuggling of strategic minerals as it enforces an export ban on precious metals vital to the manufacturing of semiconductors and weapons.
In April, Beijing restricted exports of tungsten and seven categories of rare earths as part of its response to US President Donald Trump’s sweeping tariffs on Chinese goods.
