China’s rare-earth export curbs hit European firms, EUR millions lost, shortages looming ...Middle East

Beijing’s tightening measures, including proof that shipments won’t be used for military purposes and single-use licenses, have amplified uncertainty for international companies. The EU depends on China for nearly half of its rare-earth imports, leaving European firms especially exposed. With foreign business confidence already sliding, companies are warning of shortages by Q3, and the ECCC will brief EU policymakers next week as China prepares its next five-year plan.

Info via a CNBC report.

This article was written by Eamonn Sheridan at investinglive.com.

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