China is the world's key processor of rare earths and a major supplier of advanced graphite. - Xinhua
BEIJING: China's latest step to tighten export controls on rare earths and related items will bolster global supply-chain security and ensure trade compliance, rather than curb exports, government officials and analysts said on Sunday (Oct 12).
Against a backdrop of global instability and frequent conflicts, they noted the important military applications of medium and heavy rare earths and related materials. As a responsible major country, China applies export controls in accordance with the law to uphold peace and stability and support nonproliferation.
